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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: Jenna who wrote (55533)8/11/1999 9:29:00 PM
From: lee kramer  Read Replies (1) | Respond to of 120523
 
Jenna: Nice post..."times change, the market changes, and if our trading styles aren't flexible we either stay out of the market until things pick up or lose money". You say it pretty well. When I played ball and had to face a pitcher who was TOUGH to hit I had to adjust my style; choke up on the bat, just try to make contact, stay alive in there. Other pitchers who threw watermelons...well, you could swing from the heels, really try to drive the ball. In markets where I have a good "feel" there are times I can run profitable trades at a 75-80% rate. Most times, like now and the past two months I'm pleased with 50%...but try to make the profits larger than the losses. Yesterday and today were terrific for us, but I agree strongly that we're in a difficult market now; gotta be long like today, short when charts and the technicals indicate (hey, this is not likely the start of a New Bull Market) are adhere always to the First Rule of Trading; "Stay in Business". (Lee)



To: Jenna who wrote (55533)8/11/1999 9:58:00 PM
From: kha vu  Respond to of 120523
 
" Diversity is the key to success "

There are a few stocks doing well on price and volume: CHIR, CD, LU,TWTC,CS, NFF and STRX ... as of today



To: Jenna who wrote (55533)8/11/1999 10:37:00 PM
From: john rieck  Read Replies (3) | Respond to of 120523
 
so in this type of market, would it just be best for us working stiffs (who can't sit in front of the screen all day and jump on intraday rockets like PHCM, ARBA, etc) to sit this market out? when I heard the NAZ was coming back today, I figured the major nets would move into the close...how disappointing that they flatlined on a 75 point up day!