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

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To: Jay Lyons who wrote (13905)9/3/1998 1:09:00 PM
From: Jenna  Read Replies (1) of 120523
 
Had to sell my CMVT..this market is dragging down the good stocks. out at 37 3/8 in at 36 1/2. Sold INTV at 19 1/16. I tried...
Hard to go long in this market overnight. Stock that is up one day 10% could be down 10% the next. Case in point: PSUN.. I got a 10% gain on Tuesday and was contemplating holding on. In a real world it would have been a nice breakout.. now it gave back the whole 10%.

No wonder so many articles are coming out in Wall Street Journal about Daytraders. I spent 40 minutes on the phone yesterday with a staff reporter from The Wall Street Journal and twice in the last 3 days yesterday with a staff reporter from the Wall Street Journal Interactive addition. Asked a lot of questions on daytrading/swing trading, puts etc. They are putting something together it seems. We'll see.
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