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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: Don Pueblo who wrote (63171)	9/24/1999 8:25:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

PHCM..is no more a stock, it is now a gamble. Two people throwing dice on the table about a stock that will trade at 200 is a no contest. That is no way to short, to trade and certainly nothing I'll discuss. I am not a daytrade so our strategies are completely different. Most of my holds are 1-5 days but for PHCM its suicide to hold it longer than a few hours. I tried unsuccessfully with CMRC twice to short but got it easy on the third and fourth try. I went uptown with AGIL and then downtown and although I didn't go uptown by much on CMRC, I went down with it not to shabbily. Anyhow the only thing I will agree is that if two people have to 'argue' about a stock, then I've entered the shorters realm of controversy to get a short/long to go their way out of sheer panic and its not for me. My way of trading up until now has been fine, Thank your for your concern. I'm sure PHCM will blow a lot of people out of the water, but I'm unconcerned for myself simply because I'll swim with the trend and if I lose another 2 or 3k its just the price of the education. If it gaps up to 200 on Monday, then I'll hold for the 1/2 hour it will take to get back. I've made money on PHCM long before it was a 'trader's pet' stock, when it was trading 17,000 a day. If I have to lose 12 points, I know I've made over 70 on it already I have to smile now to see every amateur trying his hand at the slot machine that PHCM has become. I'll do fine without it if I have to, simply because if it defies technical analysis and simple logic, I don't want it.