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Strategies & Market Trends : Sector Day Trading -- Ignore unavailable to you. Want to Upgrade?


To: darline cook who wrote (83)3/25/2000 11:35:00 AM
From: ExCane  Read Replies (1) | Respond to of 86
 
Your mental stop idea can be dangerous, depending on the stock. It would've helped me a few times in the recent past, though, because I've made the low tick more times than I care to remember. Last month ICOS shook me for $3 in a few minutes, then gained about $20 in a few days, if I only held on....
Ever consider protecting a position with options? I looked into it half heartedly last year, I'm still interested. You know anything there?
On sectors- scanned the indexes thurs and got the NDX- networking. Last nite's scan got NN, but it's being acquired so I don't know if it's related, but CSCO's been on fire. I'm looking into the others in the group. I liked the chart on this little semi- GNSS and took a position yesterday. The way it trades though, looks like I may get my head handed to me. Fun sport, this.
What about sectors are you studying?
-Alex



To: darline cook who wrote (83)3/25/2000 11:58:00 AM
From: ExCane  Respond to of 86
 
make that the NWX, not the NDX