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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: AnnieO who wrote (46569)	6/26/1999 7:22:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

MSGI..Yes I certainly am, but I do feel it might just seriously 'pop' one day and as long as it hasn't triggered my stop, I'm holding. Of course I could be wrong. But when I held WITC I did the same thing, not selling since it never hit a 'sell stop'. One thing I saw about these nets with fairly encouraging reports, they seem to get their anticipated 'pop' eventually. But as with CUST, and some others, anything can happen and its best to be in a 'hurricane state of preparedness' with these. Never be swayed by those that are holding stocks because they are hopeful with enough 'supporters' in their ranks their stock will accelerate. So I would not tell anyone to get in or stay out, but judge this stock as any other based on chart patterns, general market climate, 5-15 minute charts, etc. The market lately is 'charged' and so are traders, there is a lot going on beyond objective analysis. That's why I keep the sound off CNBC during the crucial 1/2 hour in the morning. I check the Bloombergs, the Prosearch Alerts, which is my Decision-Support System (just look for mechanical buy signals), my Q-Chart Alerts, my Autoscans after 10:00 a.m., the news data feeds (PRnewswire, Bloomberg,Reuters are pretty objective in their news, they don't editorialize). I don't read the posts on SI or any of the "Hear Yeas" going about. By 10:00 I've formed my own game plan and then I will 'let in' those I trust. Then as the day unfolds, I make further decisions based on actual market situation and not emotional triggers.