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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: sam who wrote (115863)	10/31/2000 4:31:49 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

I am not denying any move.. I said this is looking like an uptrend I'm long 3 calls, you'd really be playing wrong to go into cash completely and miss even the potential of a further move tomorrow. When stocks gap up, people don't get in, they get trigger panic. I've seen too many traders really trade and not just in cyberspace when everyone is making the right moves.. I've traded with traders and seen what can happen if you don't hold some positions overnight. I like a little call and/or put in the morning and I build on it. But one day does NOT a trend make. What is the difference between a trend and a bear flag rally? If it moves up I'll be happy, my call options will move up. Dow retraced but the nasdaq did not. Until I see a retracement like in the Dow we have the beginnings of a 'maybe rally'.. I got about 26 e-mails ( I save my-mail) complaining about my shorting the blimps for the last 4-5 weeks.. but I never got any follow up mail from those people. I will stay in a stock overnight, unlike most daytraders but one day does NOT a trend make. There were many POS stocks brought along today for the ride that will make great short bait this week, you have to differentiate a pure play from a POS that will be an easy short tomorrow. I have no doubts about that. I will be the first to embrace a rally in the nasdaq, a lot of leverage can be had with well placed option call positions and lower priced stocks like AMKR, ADCT, CYMI etc.