To: Burjis S. who wrote (49424 ) 7/9/1999 3:18:00 AM From: Jenna Read Replies (3) | Respond to
There has been a noticeable change in the earnings plays 'returns' in the last 6 weeks compared to the last 3 years.. I probably feel the change more than anyone since I've been doing this the longest. I still feel we haven't tapped the core and potential.. I'm working with a new company (the company is new but the trader has been trading successfully for 20 years, and luckily we have similar strategies and have both been 'weaned' on Telescan'..) that will be spending more time on the earnings plays 'buy/sell' calls and the watch list plays (for optimum holding.. I've sold too quickly as well, selling TURF just days before it popped and missing one day of the BGEN gains, just because it was too difficult to buy, track post all in the same 15-20 minute span of the morning.. Now added to that I am doing more puts and some shorts, which makes it a little more difficult. we know its not enough to have long lists of even excellent stock picks without the 'nudge' of a timely buy signal.. If I went back to some watch list 5 or 6 days ago, some of them have gone up 30-50% but they were not 'called' timely so we won't take the credit for them.
