SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LastShadow who wrote (10277)6/15/1998 12:03:00 PM
From: Jenna  Read Replies (1) of 120523
 
Answering e-mails, I will not be holding tech stocks overnight. I believe this market will see-saw for the next 4-6 weeks. I'm currently in MSPG, ABS June 50's, BBY June 37 1/2 (only 10 calls each). Interested in July 35 CCL.. but not in yet. I'd rather hold large daytrade positions and cash them in and be in cash by the close. I'm not of the 'buy and hold' mentality. For my long term portfolio I got WCOM after losing 1/2 my profit on INTC. I sold ASND many months ago at a loss and it would have come back had I held. I do no more than 2 trades a day down from the 4 I did just 6 weeks ago. I missed CKR because I did not want to hold over the weekend, and that was a bit overcautious. That will change come July when I'm expecting to have a good month with earnings plays as I have in the past. Only thing different is that I will not buy and hold through earnings if I can help it and definitely not with companies that have a high risk factor.

I've been selling off the profits of my long term portfolio for the last 2 months. Some of the ones I'm keeping are PFE, SBH, NB, and a very few other blue chips I've held for close to 6 years. I currently own no oil sector and only 2 technology stocks WCOM and MSFT. I will reassess the long term portfolio after the earnings season.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext