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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: Prince who wrote (13246)8/21/1998 10:55:00 AM
From: Jenna  Respond to of 120523
 
Those of you still holding August 545's I'd consider selling now. It's up 400% since Wednesday morning. Still holding the 1/2 position of Septembers puts.. sold 1/2 position..

I'll be looking for some bargains today, but I'm only looking for an intraday or possible 1-3 day hold. Keeping my positions protected with puts throughout the fall.



To: Prince who wrote (13246)8/21/1998 10:58:00 AM
From: Jay Lyons  Read Replies (2) | Respond to of 120523
 
Prince-

BKS will most likely rise next week, the net IPO is a very strong story. But...IMHO there's going to be a lot of babys getting thrown out with the bath water today. This afternoon may present a better time to add to your intermediate long positions.

On the other hand, I think what ever paper losses you show on positions already taken today will come back as profits next week, so try not to let yourself get shaken out today.

Jay


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