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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: kha vu who wrote (33950)	4/14/1999 11:11:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

The April 15 watch list is on the site. And yes I do expect an internet correction at the very end of April, but if we can catch that extra week this week we could add a lot more money to our portfolios until the correction. What I noticed is that people tend to be slightly lax when they have a lot of aggregate profits. For me another week of potential profit like last week would be like another year or two of salary. If you notice when anyone asks me on a Monday if I'm going to hold something that I own through earnings on say, Thursday my answer is always: Let's take one day at a time. There's 3 days left until Thursday. These 'nets move like dog years 1 day is like 6 months of profit. Never, ever take those gains for granted. I like the strategy of not holding more than 200 shares after a good swing trade (3 days to 3 weeks), I had no desire to sell anything today except for ABOV and USWB since I was down an insignificant amount in the others. At the worst scenario I would use tomorrow's gap up to sell into strength and be extremely selective with my new buys. Take your profits, I've always said that anything over 5% a trade is a great profit and let's face it we have been taking hundreds of percent off the table. We have to lower our expectations and just be 'surprised' every day we have such large profits. I can't even go to lunch without setting stops and spending 1/2 hour on the phone with buy limits or sell stops or whatever. However it is worth the amount of trouble to make sure the holdings are relatively secure.