To: Jerry Olson who wrote (56603 ) 8/19/1999 5:11:00 PM From: Jenna Read Replies (1) | Respond to of 120523
I don't like days like today, only because I have to work so hard, I can't even leave the computer table, then just to get to this level I have to have a group of stocks where I'll find about 3 or 4 that will be up in a down market. That's about 4-5 hours at night (not just the watch list also my regular database, earnings plays, autoruns, scans on news items from previous earnings plays and watch lists).. Also spend time reading some financial articles and the paper, Then on top of that 7 hours glued to the screen.. because not all my plays were like BRCD..but were heading south while they were up "AFTER" what I thought was the correction. But OJ I can't trade and profit consistently on IMAA's or what people post (except a select few)or on an instant new flash. The good thing is that I can 'tell' when one of my listed stocks is going to hit and when it has, mostly because they are repeaters and have been heavily researched. Then its up to the market not to 'knock it down' (i.e. SNDK) once it hits. Sometimes you get lucky like BRCD, DITC HOTJ NVDA, WHJI and grab some action etc... and some others and sometimes you are not so lucky (NSOL, having to exit SNDK and HLIT when I expected a 1-3 day hold). Every week my husband and I take a 'tally' is it better to buy and 'hold' (meaning for us a whole 3 or 4 weeks)or sell after taking profits in volatile, but hi flying stocks. Each week I beat and each month I beat. Ultimately though his portfolio is growing although it steps back now and again, and will grow and I'm doing it from scratch every day. Also his holds are not exactly slow movers either, just that he gets only the 'earners' and I take whatever moves But when all is said and done and when you do make an occasional "BRCD" (of which I still hold 200) or earnings play its well worth the effort.