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: Belinda S. who wrote (35926)	4/22/1999 10:29:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Nope, not necessarily. You would be doing what the 'shorters' are expecting of you. If everyone in this stock would stay put and not panic probably it would go up, but it is the panic selling that causes the stock to go down and the profit taking and not the reverse. Unfortunately you can get caught up in the profit taking as well as the panic selling and its a double edged sword. I have noticed in the last 2 quarters that newer traders wanting to get in on the internet action just buy into the strength and at highs and unfortunately they are usually the first to escape thinking they might have blundered. We have all done that at one time or another. But it is very hard to be of a mindframe to hold stock especially if it has run up. Now Belinda if the stock in questions were KSWS, or YUM (the later I have begun to accumulate), I would say hang on and it will be fine, but the fact that NSOL ran up so much already changes the picture a little. These stocks are so volatile.. they must be watched and traded 'hit 'n run' style.