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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Sly_ who wrote (47394)1/28/2001 7:51:51 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 77400
 
I did for just a trade but jumped right back out,
I lose focus when I start guessing at the stocks,
& prefer to play the QQQ.
There are times some stocks look mighty tempting
but in the long haul I know I'm better at timing the
index itself.
I've watched my hot list and can see that 80% of the time
the stocks that fight a NDX down turn wil rally like hell
"when the NDX does" and also Stocks that fail to rally
with the NDX will drop like a rock when The NDX starts
down. Still that's only about 80% true also to single
them out I may miss the NDX reversal signal..
And with short trades taht 20% that do miss can eat
you up before you know it unless your playing a basket
and all of that takes a lot of concentration and the time
it takes to trade 3 or 4 is another thing not counting
the extra commissions and spreads.
Heck I'm either in/out or short the whole 100
with one trade..

Subject 26037
Jim