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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (7417)4/9/1998 1:42:00 PM
From: tom pope  Respond to of 120523
 
What ticks me off is that Jenna was pretty clear about the strategy - buy if SLM trades above 48. Putting in a buy stop is a pretty simple operation, but I decided to watch and wait. By the time I was ready to pull the trigger (or, better, by the time e-schwab had the trigger ready for me) it had blown past 48 1/4. This is just one of those "when will I learn" situations.

BTW, for those who like under $10 stocks, BIOI reports on 4/21 or thereabouts, and has been moving up recently on decent volume (for BIOI) and positive money flow these past two days. If it gets past resistance at 7, it could be interesting either as an earnings runup situation or even as a longer term hold. I own some. The market maker usually keeps the spread to a 1/16, so it's not exorbitant to trade. It's underfollowed, with only one analyst, according to 1st call.