To: puborectalis who wrote (56039 ) 8/16/1999 7:01:00 PM From: Jenna Read Replies (1) | Respond to of 120523
CCBL was doing well for quite a while now..RIMM and AUDC are doing great and should also make for another month long hold. I didn't expect continuation of CCBL but now its on my 'wait for a pullback' list. There will always be fresh and interesting day trades/ swing trades, but I would like to go back to 2-5 day holds and intermediate holds. I still think the most money is to be made in swing and position trades alongside the wild and wonderful ipo's. As for the shorts, the BCRX's will have their day, but I'm not holding shorts through gains like 20%.. ARBA, RBAK cooperated nicely today a "paper trade" short, and HLIT, SNDK had intraday ranges just like the nets. But for shorting, I'd rather go for the daytade or 2 day hold on the 'strong ones' than chance the BRCD's and BCRX's.. Even the charts are off. HLIT, IDPH, SNDK, PMCS follow a chart pattern even allowing for their particular situation of high growth and high EPS thereby making them more predictable because you are giving them more leeway for 'overbought'. The RBAK's and PHCM's are just the whim of the morning and how the wind blows. So personally my shorts will be the 'prepared for' strong stocks that have got to move down upper trendlines. The others are fine when you can hear some news in the morning and jump on the bandwagon. I'm still not in PHCM..but will wait to see what tomorrow brings. I'm glad there was another good day for most of you. I will probably be adding the few hundred of BRCM and BRCD to a longer term hold. I'm thinking of DELL tomorrow as I was going to pick some up near the close but didn't. LCOS ran nicely on anticipation and would have been a good buy.