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

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To: Tunica Albuginea who wrote (16739)10/12/1998 4:17:00 PM
From: Jenna  Read Replies (1) of 120523
 
2 week rally!.. A lifetime..This was a nice rally, almost 5 hours. It was more than I anticipated. Trading was nice, it had to end. I didn't have to go short until the final 2 hours. I chose my earnings plays and other picks this morning like you chose fine, plump, ripe peaches in a fine grocery.

I picked the 'best fruit' I got so accustomed from the last few weeks of trading to changing trends like picking half-rotten peaches off scrawny vines (i.e. stocks that were beaten down). I got used to trading that way. So when you speak of 2 week rallies, I can't even imagine that. I think the market will give back tomorrow. I waited for it the last hour and it started .. It's funny because I felt more 'at home' buying the puts and anticipating the final trend reversal than I felt going long.
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