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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (6801)6/18/2000 7:03:00 AM
From: Mao II  Respond to of 12662
 
NW: Check. Yeah, any trades have to be culled from strength, and strength can be incredibly transitory. I made some money on SSTI Friday, for instance. It broke up, I caught it on the upswing and within a couple of hours it had moved up about 3 or 4 points, reversed, and closed down. I sold on the upside, but a blink or a telephone call would have seen those profits turn into a loss. The vast majority of stocks are moving like that. And god forbid you hold something overnight and management sneezes the wrong way at 9:26 the next morning. M2