Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SMALL FRY who wrote (33920)	4/14/1999 5:40:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

USWB will be fine but it's just a matter of trading style. I don't like to hold when there is something better around the corner. Sounds fickle but we are not talking about human beings but stocks. I liked the earnings plays so I left USWB for better trending earnings stocks. SF.. I only sold one of my 'net remnants which was really taking a beating and that was ABOV. I sold some yesterday at their highs but I am unperturbed on today's action.

To: SMALL FRY who wrote (33920)	4/14/1999 11:38:00 PM
From: ayahuasca	Read Replies (1) \| Respond to of 120523

UGHHHHHHHHHHH. Today hurt. Alot. 1) I didnt have any stops in 2) I was out of range of a cpu for several hours due to an business lunch (this job is just killing my trading) 3) I was almost fully invested. These three things did not bode well for my holdings today which were negative across the board. I did manage to pick up a bunch of USWB options near the low of the day (to add to a severely damaged position) and I got butchered in SVRN which I bought this morning at 23. Add the disasters of TBFC, BVSN, XTON, GBLX, VRIO, NAVR, AWRE (which I bought today at 73, so not too bad) MHMY, NSOL and even BKS and BYND. Everything down. Believe it or not I lost 25% of my entire portfolio today. Five figures (barely, but still 5!) However, over just the last two weeks I have been up a sparkling 100%. That, obviously cushions the blow but still this is some one day hit. The volitility in my portfolio since I have increased my exposure to options is just unbeleivable. So far I can handle it but caution is needed. Crazy stuff. If it weren't for the three things I list at the top my losses would have been far less severe. But I acted carelessly and it cost me dearly. Funny how these lessons are often so damn expensive. Hoping for a better day tomorrow.