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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: DaringDon who wrote (98903)5/22/2000 11:23:00 PM
From: Jenna  Respond to of 120523
 
LTXX was down from 35 to 25.. I would rather enter now than hold through that downdraft (see CIEN, CSCO and SCMR). It won't be up 10 tomorrow no matter if the interest rates suddenly drop .50 point (well maybe then it will). Everyone should trade/invest according to their comfort zone. It is sort of like a pain threshold, mine is not very high. I put a 'stop' on pain when it reaches a certain decibel.

Energy stocks, some pharmaceuticals were my choice for "investing" in these past 2 months (posted numerous times on SI as short-intermediate holds) not tech stocks. I tried to hold some major 'earnings plays' in the tech sector for more than 7-8 days but didn't 'make it' more than 8 sessions. However, the attempt was worthwhile it encompassed two rallies.

Mutual Funds... Mutual Fiends.. are not for me, not just yet, maybe in a month or so.