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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: lee kramer who wrote (92579)4/10/2000 5:42:00 PM
From: Jenna  Respond to of 120523
 
RIMM.. I thought Friday was too soon to short RIMM, but this afternoon it promptly fell nicely from the open. I think "AUDC" will do the RIMM Limbo tomorrow. I lost about 7 points today long/short but that was from profits and when I shorted got 3 times that and still was up on my longs on top of that (especially ADTN which actually gapped up nicely) before exiting. I never can get out of a day like today without having some losses, but the balance total of the day was good, could have been better if I stayed in the PWAV short, but I really look at it like cup is half full I was long PWAV for 3 sessions and I could still have been long, so I picked up about 9 points short and PWAV was down 21.. not too bad.