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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Ron McKinnon who wrote (16353)9/16/1998 4:15:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 53068
 
yep ...agree ... I really jumped in big time Ron!!

100 shares ... whoopie

put it in my penny account ... the speculative one

figure it's worth a chance ... but just a very little one <ggg>

traded out of day PEP for a half ... it soared at the close ... held the NSCP ... target 44 and change

uh uh ... gee I'm not gung ho am I ??!!

wasn't that a great rally at the close ... !!



To: Ron McKinnon who wrote (16353)9/17/1998 10:38:00 AM
From: Susan Saline  Respond to of 53068
 
looks like you're going to lose your last place status here

REXI up over a dollar now



To: Ron McKinnon who wrote (16353)9/17/1998 10:42:00 AM
From: Susan Saline  Respond to of 53068
 
SFC

on the move also ... just in the last few minutes ...



To: Ron McKinnon who wrote (16353)9/17/1998 4:08:00 PM
From: Johnathan C. Doe  Respond to of 53068
 
Beautiful day in AWRE today; issued a trading buy on it just yesterday and look at it today. Check the Aware thread for details on my trading buy coverage. AWRE; ADSL leader and hot technology no doubt. They now have the first USB ADSL modem based on their technology. Hot stuff.



To: Ron McKinnon who wrote (16353)9/17/1998 8:31:00 PM
From: Johnathan C. Doe  Respond to of 53068
 
What has held ADSL stocks down for so long has been that ALA seemed to be under bidding all the other companies and winning all the contracts. This has caused the slow relentless fall in WSTL which started with the ALA win of the big tuna of ADSL contracts. Today in the news, what has unfolded is that Ascend is teaming up with ALA to provide networking and high speed internet access (ADSL). Ascend is connected with Aware and ADI's jointly developed ADSL chip. This news rocketed AWRE today and might be enough to keep momentum in that issue tommorrow. All along there were concerns that ALA had won the contract but didn't have the product and yet the believe was that they would somehow develop it in-house. The fear for all the ADSL pure plays was that ALA would shut them out. Now all that is getting re-thought (big surprise - to anyone except those specialized in this area). Now it looks like they will provide the product through Ascend which just won a big BEL contract and is now fully in the telco equipment arena. Ah; the developments; they are so interesting to follow. Just as with AMTX; it is once again becoming clear that the work done by the pure play ADSL companies can't be duplicated in-house.



To: Ron McKinnon who wrote (16353)9/18/1998 7:41:00 PM
From: pz  Read Replies (3) | Respond to of 53068
 
Chat Stops

Ron,

For those of us who did not heed your advice on setting stops and have paid dearly for it, would you please share with us again the proper use of them and in particular your use of them.

Such as....

Do you set your stop at a certain % below your buy?

Do you set your stop a certain number of points below support?

The Zportfolio has clearly shown that the use of stops would have saved us a lot of money. The question is why are we so hard headed as to not use them, and I'm the world's worst.

So as you have said previously, set MENTAL stops on NASDAQ stocks, because the mm's screw you, but set REAL stops on NYSE and AMEX stocks.

I'd like to hear others opinions and their uses of stops. I know for sure it would have saved me a lot of money.

Regards,

Paul