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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: Jenna who wrote (96854)5/9/2000 4:00:00 PM
From: Jenna  Respond to of 120523
 
QLGC stopped out. IBI late day trigger. Many good stocks even in these markets. Going into tomorrow with only NTAP as my representative tech stock having been knocked out of QLGC.
PSEM and NSIT from today's watch list did well as did NOVN.. But the techs are still weak and 'going down on day and swing traders who make the most of it' will not do anything to help out investors and 'long termers' who have lost in the past few weeks. When managers say 'no downside risk' without qualifying it with a warning or caution, it shows panic and 'going for broke' by putting your last few chips on a last ditch attempt to save face.

We have all made money in long trades portfolios, mutual funds, there is no denying that but when its time to take profits, its time. When the writing is on the wall and we ignore it, we perpetuate continuing downtrends. I think the lack of volume in these markets shows the public is not as dumb as fund managers seem to think.