Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jerry Olson who wrote (8823)	4/30/1998 9:26:00 PM
From: LastShadow	Read Replies (3) of 120523

Position Trading Account: If today had been down or flat for TEAM I was going to post an exit for it tomorrow at open. Other than that, I only have mental stops set. All of the stocks in this collection are already depressed price-wise, so exiting in a correcting market is rather pointless. These stocks are picked to provide some safety in a correcting market, and have great potential when the market resumes moving up. So far for the month of April, it lost ground by a couple of hundred net. If the market tanks, though, the stocks in this group won't lose much and will recover quickly - at least to the pre-correction amount. Its not a method for compulsive traders, but it is a fairly safe way to learn to trade and manage an account. I think I just let it alone for now. lastshadow

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