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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: ayahuasca who wrote (38063)5/4/1999 5:53:00 PM
From: Jenna  Respond to of 120523
 
TBFC..no one can win when none of the best played strategies work. No one else is getting it better than you, believe me. It was up a lot yesterday but there was no sign even of dissipation of interest which is usually the sign of the end of an uptrend (on balance volume, market faciliation index lagging etc). Other internet stocks that were not even earning like INSP were up 20 points the next day. How can you know? EBAY options quadrupled, NITE exploded, VRIO was up, VRSN, NTBK, RNWK exploded upwards, INKT, YHOO even quadrupled a few days before earnings.

There was only one sign, and that was that the earnings season was basically 'over' as far as the bellwhethers were concerned. I think TBFC got caught up in a the 'internet correction' as traders were taking profits. They were taking from everything, even this one.

So when I saw I couldn't win, I just left the table. I sold most in the morning with the gain from yesterday and the few points today intact, but was left a losing hand after that since I didn't sell it all off. Until I finally sold it all off I was still worried about it. I finally sold off the SWS and it was not even down at the time of sale, but I was not going to wait around. I sold EPAY into strength as well. The moment it was gone, I forgot and went onto something else.