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: Jenna who wrote (14368)9/10/1998 12:41:00 PM
From: Jenna  Read Replies (2) of 120523
 
e-mail.. Sitting on the sidelines? Why?
I almost never sit on the sidelines. There is always something to go long or short on. I was waiting for both CCI and MER today and chose CCI as the better 'value' for downside. I got into OEX puts at nearly 16 but now they are trading at 17 3/4 and 18 1/2 and I got out of 1/2 position at 18 1/2. There is no reason to be stymied by the premium if you research your stock and know it is very overvalued (as in the case of YHOO, CCI, DELL this morning).. This is my second good trade with CCI puts. In the Market Gems Watch list I noted following the futures in the morning and listening to CNBC.. You get a definite feel for what sectors are going to show weakness by 9:00 to 9:15 a.m. or sooner. You have you 'sector leaders' in your head and set up the trades before the open. I line them up so all I have to do is click on the 'buy' button and it's almost done. Sometimes I don't click on anything. I make it a habit of watching the internets and oil service sectors by 9:15 am for unusual volume and pre-open trading. I check the time and sales of my 'leaders' to note if any big blocks are coming through... Waiting on the sidelines during down days is a waste of profit potential. Even if you make a bad trade or uneventful trade, just get out and do another. Don't wait for bad trades to rebound, they won't.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News