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


To: David Smith who wrote (3077)1/25/2001 5:39:23 PM
From: Jenna  Read Replies (3) | Respond to of 6445
 
David, we are not idiots, nor were we born yesterday. We always take profits incrementally from ANY position and TLGD was not alone. Did you think we would leave more than a small position through earnings? We are not investors who are told 'all is well with your holdings' and leave our financial future to charlatans. To leave all profits would be irrational. What did this show me? That woe is the investor who must go through this an entire year and I am more sure than ever before that investing is the surest way to lose everything. The only difference is that we only lost 1/3 of our gains and we will never hold anything through earnings or more than a number of weeks. I am more assured than ever before that the way of the short term trader is the long way to profits. You failed to mention all the profits we took off the table from 9 other positions after 50 to 100% profits, but we'll ignore that.

Why didn't I post a lot today? Because I was hurt about TLGD? Not in your life. Because we were making oodles of money shorting so many stocks that bargain hunters were buying all this week. CIEN, SDLI, RIMM, SCMR, QLGC, GLW, NUAN, TECD and most from the 9:45 period. There was just too much going on!