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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (5593)1/24/2001 11:16:38 AM
From: rogermci®  Read Replies (1) | Respond to of 19633
 
Here we go again, Tom. Might get nutz on some of these high flyers. I'll start my profit taking today and look to set up some shorts by Friday. Looks like a half point is already in the market. Katy bar the door should they only reduce by a quarter. In either case I would expect some serious selling come next Wednesday. As I said in late December beware the ides of February.

roger



To: Tom Hua who wrote (5593)1/25/2001 12:50:35 AM
From: Paul A  Read Replies (1) | Respond to of 19633
 
Heya Tom! I must have read your mind re: KANA.. I sold out my entire position this morning.. I used to have a thing about holding thru earnings and would never EVER think of holding thru a report regardless because everytime I was burnt.. Last few weeks its been sorta easy, but for some reason with KANA today I went back to the old ways..

I think going short into an earnings report is really the only way to go.. but Im back to avoiding those plays.

WOW.. SNDK... good lord.. welp- as usual, the shorts were right.. My STEC position sorta sucks now possibly..