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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: David D. who wrote (21233)1/4/1999 5:10:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
IFLY.. I'm not sure but you must have a 'volatility gauge' for all these highly volatile stocks.. The faster the 'needle' waves from corner to corner the quicker you have to make your exits. They don't trade like normal stocks, yet you are treating them as if they were CPQ, BLS or CBS.. It doesn't matter what the stock is, the more volatile the more cautious you should be. Sure I held EGRP, DRIV, DBBC through one/two week but I did not hold any of the others and only held as long as the trend remained 'friendly': no IFLY, SKYM or EBAY UBIC or whatever its' called for more than a 2 day hold and mostly for just a daytrade.