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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Riley who wrote (75569)	11/30/1999 11:23:00 AM
From: R.E.B.	Read Replies (3) \| Respond to of 90042

There are a couple of theories in play: If you hold CS until earnings day and the news is great, then it's possible that the stock will sell off after the great news because that's what stocks sometimes do; buy on rumor, sell on news. The other side of the coin is you hold CS until earnings day and the news is great and CS opens up $4 the next day because we have kick-ass earnings, revenues and press. What to do. Do you sell right before the earnings release so you can buy back when it sells off the following day or do you hold CS through earnings in the hope that we will go up the following day. The answer is simple actually. Do you want to hold CS into January and February of 2000? If yes, then it does not make sense to try to second-guess or "out-guess" or "time" the market. You mentioned the sell-off at the last earnings release date; but look where we are now. Sometimes you got to sit back and enjoy the ride and not worry about timing the market. All you will do is generate commissions and gray hair.