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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (1824)1/16/2001 1:15:30 PM
From: Dave Gore  Read Replies (1) | Respond to of 6445
 
Agree on RBAK, Jenna, but the safest time to short was first thing at nearly 54, now 46+. Sometimes listening to the "gut" is more profitable than waiting for the chart to speak. Not nearly as safe though in many instances, I admit that.

The way I look at buying options is that they are a big gamble anyway, so one should take calculated risks. To think the upside first thing this morning was going to last when so many worry more and more as we approach earnings D-day and D-time was not logical. That was the time to short and especially to buy Puts when they were cheapest.