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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Joseph Waligore who wrote (16493)12/10/1999 8:33:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
CORL: Pre-market indicating $46. . . .however. . .

I sold out yesterday just shy of $44. . . the stock could go either way upon open. . . . and by selling I have ZERO risk. . . had I held, the risk would have been substantial carrying into today, yet the reward would have been minimal.

I am happy to have left a few dollars on the table and safely banked my profits. . . than to push the envelope and risk missing those profits. And no matter how strong the Linux plays look pre-market, this is Friday. . . and the smart money and daytraders will be working on exit strategies. . . . which usually means 'sell the open'. . .

I am noticing a strange interest in restaurant stocks this morning.
Papa John's, Sonic and Rainforest Cafe are all trading in pre-market. . . that is unusual. . .but no indication of any trend at this time.

Rande Is