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

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To: Margaret Mateer who wrote (27651)3/15/1999 9:11:00 PM
From: Jenna  Read Replies (2) of 120523
 
VRIO I have posted twice about the volatility in the sector and the need to realize gains when they become substantial. So far I have not lessoned my portion of WEBT because I barely have it long enough to squeeze out the potential gains.

I have a large portion of GNET because there were 'feelings' in the air that some news was coming out, and I posted bullishness on that stock on every watch list for the past 10 days and on the thread. I do agree that a hold in EPAY even through a 75% gain would have been astute, but I like to hold off with 200 shares and just 'play' with the other 800 in situations like VRIO/VRSN/NTBK/CNET... I should even have held my 200 shares in CMGI and CNET through the downdraft but I opted to squeeze out all the profit.

If you are concerned about VRIO I would take profits on most of the position and hold off with the last 200, then when there looks like a resurgence of volume/price just get back in. I got back into DCLK even thorugh a 14 point gap on Friday. You have to be willing to act quickly (not like scalping) but at least think in terms of hours and days and not in terms of weeks and months with these hi flyers.
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