SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (481)6/1/2005 10:14:58 AM
From: Zeddie88  Read Replies (1) | Respond to of 4814
 
Hi Terry,

Thanks:)

Regarding HURC, it was Dale Baker who originally brought up the stock. I looked at it and liked the fundies and legged into it at an average of around 12ish since they kept manipulating it downwards. Then, the awesome earnings report propelled it into the 18s and I sold half at 18.25. So, now I'm only holding the remainder with a loose stop.

Trading-wise, it's been an absolutely beautiful month of May. My strategy has been to leg into fundamentally strong stocks as the QQQQ/sectors/stocks themselves pull back to support levels and this approach has worked really well with HURC, SMA, GFIG, ANR, WTI, MRLN etc. which I've posted about on SI.

With two school aged children plus a baby at home, I can only afford to position trade:) So, thanks for the great QQQQ analysis!

Cheers,

Sue

PS: Still holding ALNY, which looks like it could be showing signs of life.