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

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To: TWICK who wrote (37692)5/1/1999 4:05:00 PM
From: Jenna  Read Replies (2) of 120523
 
A trader follows the trend. They can switch to puts from calls or from calls to puts or stay out all together. Whatever happens into the quagmire will sink the staunch MMM, G, AA, and MSFT, even the 'smart investor' holding on to his PFE,GE and INTC. It's not traders who are holding onto the nets its those 'individual investors' who get in high and stay in for the gold at the end of the rainbow. Its those very same pseudo-traders with the convoluted strategies that don't take profits off the table. I personally own 5 net stocks of 100-200 shares each with over 100% profit on each, 3 options with 8-10 contracts each.. 500 shares of SONE, 500 shares of CDNW.. and that's it that's net related. If you talked to me 48 hours ago instead of SONE I would have said "INSP" and "EBAY" about 1 week ago... I would hold 1000 shares but I've stopped that since that "tuesday". SONE is only a swing trade at best. Smart traders presumably did the same.
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