Out of PKS 28 3/16..NEWZ,(todays list) +26%, IMIC +23%,FOSL,STRX,CKSG +8%, IFCI.. moving negative. look like possible but I have had FOSL long and may take profits. Position trades have been doing quite well, as long as you close them when the trend reverses. (i.e. BKE, PSUN,
I had some questions yesterday about the retail sector and noted that some of you were skeptical of my desire to sell stocks like ANF,BKE and PSUN before earnings. Well it was a good decision to sell them today. Even if they surprise chances are the surprise is already built into the stock. if not, then you can always buy back tomorrow before the actual report or wait until profit taking fizzles and then the stock will return for more gains. You never actually "MISS" an earnings plays, you just might have to wait a few days get in after the 'uptrends' dissipates, stock retreats for a rest, only to begin another chain of more gains. Only look to PPD, CCA, XIRC,XYLN, |
