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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: HandsOn who wrote (13534)	8/28/1998 3:18:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

I was 'on top' of the situation a good part of the night. I was ready in the morning. I always keep a 'spare list' of street beaters and stocks that have been beaten down enormously on my database..And when I buy, I buy at market and sell the same way. For times like this, its the only way to go.. REXI was on my newsletter way before it was a 'famous' stock to play. The more conventional buy and hold (2 weeks to 1 month) won't cut it in this market climate.. But when things improve I'll be posting a newsletter with the best short term trades. Until then the 'hit and run' technique is the only way to make money. Although I am holding for 1-4 days, but these are for the most part option puts. It's too expensive now to buy puts on the S&P so I'm looking for a 'short rally' so I can buy them more cheaply. I opted to buy puts on individual hi-flyers this morning since the puts were not that expensive yet.