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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Madarasz who wrote (38757)2/1/2000 1:06:00 PM
From: Brian P.  Read Replies (3) | Respond to of 99985
 
Simple question to all: The market has certainly factored in a 25 basis point hike by the Fed tomorrow. Has it factored in a 50 point hike or does it sell off or even collapse if the Fed hikes 50 points? Thanks.



To: John Madarasz who wrote (38757)2/2/2000 12:28:00 AM
From: advinfo  Respond to of 99985
 
My point being that while CMGI has definitely delivered stellar growth, it's a good idea to maintain a trailing stop on any trending position (especially CMGI) because it periodically takes a nose dive.

IMO, this is standard operating procedure for any Naz stock worth
trading like QCOM, CMGI, or the lesser known MEDX's and FLEX's of the world. Although rewarding, all of this caca needs to be on a
very short leash.