I love the stock, but at about 9:50, I was punching in a Stop Loss with sell @ 132 as Bullsession r/t showed EGRP at 142. Computer hung up before I hit the confirm (E*Trade), so I rebooted. Came back about 5-min later and my stock list (Net-heavy) almost all red and EGRP at 123! Talk about freaked, logged onto E*Trade, read "In Play" and saw the bulletins about the sell-off, which they said was profit-taking, to be expected, etc. The writer said be on the lookout for stocks forming an intraday base...EGRP @ 133 just now-- phew! Don't play the game if you can't stomach those 20-point swings!
I'm not a conspiracy theory kind of guy, but that "profit taking" happened real quick across the board!
Oh, AMTD -5...EGRP rebounded better, but AMTD was further out on the limb.
Conan |
