To: Teresa Lo who wrote (934 ) 6/17/1999 10:30:00 PM From: JavaAdict Read Replies (2) | Respond to
Wow. I REALLY appreciate the full response. I am not feeling too much more confident because there is still SO much speculation. I am having a hard time understanding the huge surges in different stocks on various days. Stocks like FBG, SCF, EGRP, AMTD, SILK, ETC. Is it just insiders? And, I have Platinum E*Trade which gives me streaming, real time newswire (whoo whoo!!) Level II, fundamentals, pretty much everything. Since being "given" this service, I have only been more confused. The releases I think strengthen a stock, bring it down, and vice-versa. What kinds of news are strong indicators of an upward trend in the near future? What are fairly sure "guarantees" (I realize there is no such thing, but better worded "serious indicator(s)") that a stock is going down for a good short sale? Like an idiot, I got into EVIS a few weeks ago on a serious drop. I checked the the stock and release, felt the market over reacted, and thought I was buying in for at least a short ride back up for adjustment. Thought wrong! Only lost about $500 on a quick exit, BUT, it would have been an excellent SHORT! Why didn't I see it? What is a good indicator of just profit taking vs. a stock that is going DOWN? And, when I short a stock, which I have yet to do, though I seem VERY good at picking stocks that are going down! lol, do I have to sell short @ market price, or do I want/have to put my own sale price on it?
