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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 (71766)11/16/1999 1:10:00 PM
From: Jeff Jordan  Respond to of 120523
 
Jenna, it appears I misread your post as well....I thought you were still holding JCDA and were saying you had a stop at that level...23 3/8....I always take my profits regardless of the consequences.<g> hoping to re-enter lower.....if we can't we find one we can.....couldn't be easier right?<g> either way 24 looks like some support...I haven't calculated the retracement. 10% off high today now? ...

JCDA.. I missed the whole downtrend with JCDA by sticking to my caution and if it did drop I would exit and re'enter at lower than than 23 3/8, as no doubt if it hits that low today, it will drop further as it did before. I think the sellers have been shaken out by now and it should NOT head south. There is no need to take a loss and I really don't average down except on fundamentally sound stocks.