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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: JD Writer who wrote (37244)4/29/1999 1:44:00 PM
From: ComradeBrehznev  Read Replies (1) | Respond to of 120523
 
EXDS - recovering, in @ 84

CB



To: JD Writer who wrote (37244)4/29/1999 2:04:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
MSPG..No not a firm reversal, sorry If that's what you thought I meant. What a meant was a 'traders' reversal good for a daytrade at the very least. My option went from 8 to 10 1/4 nasdaq went up and I'm out at 9 5/8. If I can get 1-2 option points (equating to 1 or 2k profit) from an option play I'd take the flip just as well.

I just don't trade for a 1/2 point but anything over a point is fair game. If I waited for a complete reversal I'd not make any money while I waited. If there is an opportunity to hold MSPG overnight I'll just get in once again. VRSN was up as well but I chose to hold that one because the reversal looked a big stronger. Another thing I do is buy near the close to take advantage of a morning gap up or gap down (AMZN, EBAY etc).