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

To: Kavika who wrote (3999)	2/7/2001 1:09:07 PM
From: Dave Gore	Respond to of 6445

Yes, this Market requires you to be both quick, smart, and patient. Quick to buy and sell without letting greed or hope rule your thinking, smart to be flat at the close, and patient enough to let stock prices come down (or up, if you're short) to your entry points. If I gamble and hold over, like I did with my TQNT purchase the day of earnings at 30+, it is a calculated one. TQNT tanked rather than ran up into earnings the day or two before plus the CEO was positive about 2-3 weeks ago, so that one made sense. But gambling on what CSCO would say and more importantly how the Market would "spin" it, was foolish. The "spin" is what gets you. You never know how that will go.