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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (5398)	11/13/1999 10:59:00 AM
From: TraderAlan	Respond to of 18137

KM, I have that problem with QCOM at 350 <g>. But I usually get over other issues in a day or two. Realized I have been trading NXTL all the way up from 20 to 90. Recall passing on a trade around 55 because it seemed to high. The bigger problem is dealing objectively with a stock you know inside and out when it goes "hot" for the public. You know what a piece of crap it is but others are in love and you're waiting for them to be disillusioned. I've had that problem with AMGN the last few weeks. Boring drug pipeline, sharp drop after earnings, etc. But it's come right back and gone to new highs. The selloff that never happens. Alan