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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 (3087)1/25/2001 6:26:24 PM
From: Dave Gore  Respond to of 6445
 
There is nothing wrong with following the rule...."Never risk more than profits through earnings"....unless of course you are a gambler.

If you made 100% profits on a stock run-up like ELNT prior to earnings and wanted to hold 50% (i.e. the profits) through earnings that's about as far as I will normally go - unless I am convinced a stock is so beaten down that it would probably move up on a poor report, but that is rare.

It's fun when you are right, but it's also an unnecessary risk.