Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?

To: Jodi Segal-Lankry who wrote (713)	2/11/1998 10:49:00 AM
From: Art C.	Respond to of 1100

Jodi---I've learned the hard way that if you intend to trade high profile tech stocks on the premise of earnings announcements, you have to look at several things. 1. The immediate nature of the sector--because of the asian problem, semis are risky, and every one of them are warning of slowdowns. 2. Unless you are fairly sure of extraordinary earnings, don't hold for the announcement, but play the expectation before hand, and sell before the earnings. Most of them will rise before the announcement and drop like a rock if disappointing. 3. Always pick a stop point that you are comfortable with and set a stop-loss order. Techs are risky-----they are like a flock of sheep----one blows up and the rest follow it down. Art

To: Jodi Segal-Lankry who wrote (713)	2/11/1998 10:53:00 AM
From: Mike McFarland	Respond to of 1100

Hey! I Sold 3000 CNSI for 2 5/32 at 10:47:45 on 02/11/98 always thought that hey that detek does was funny, especially on losingtrades, he he. Well volume is just dead on cnsi, and having screwed up twice in the last week, time to take a break and gather my ideas together for another day. In case anybody is interested--here are my two screw ups--lost 50% on a handful of MSFT puts (better than 100% tho) and missed out on a nice run in Pacific Aerospace warrants, because I didn't want to pay an extra eighth--oh man! At least I can't lose out with cash (unless of course activity finally picks up in Cambridge...now wouldn't that be funny...)