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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: Tradelite who wrote (38108)	5/4/1999 4:51:00 PM
From: debra vogt	Read Replies (1) \| Respond to of 120523

Actually, I feel better tonight than I did this morning. I went out, mowed the yard, picked weeds and came back in with a better attitude. And I sold NITE before it tanked today!! Maybe this larger loss on the Nasdaq will help things turn around. The losses of 10 - 20 points every day are like water wearing on a stone. A good washout seems to lead to a nice bounce back up. I am like you, I prefer to hold for 3-5 point gains and then sell. I don't really enjoy daytrading. A little slower, but I am happier that way :)

To: Tradelite who wrote (38108)	5/4/1999 4:56:00 PM
From: Jenna	Respond to of 120523

Okay, but the value stocks are still the good earners. If you notice the trend today was obvious.. a lot of the earnings plays continued to show strength throughout the day. EXPD up over 4 yesterday was actually running up 2 points near the close only to stop +11/16, PWR up 8 in the last 5 trading sessions, MAST up 17% and RAD up 8%, SRCL up, EPAY up 2 days through yesterdays downswing, ERTS, TMPW, IMNX and TLAB all tried hard and had results. But I noticed it was just the desire to 'find the bottom' of the internets that possessed a lot of traders today. They never found it, they thought they did. Then it was escaping. I saw right from the 'get go' that we were in trouble and I escaped without rationalizing or being in denial. It was not the grand exit that I would have wanted but rather more of an escape. I never reentered any net after that. From the moment I decided to leave the sector everything turned around, trades were good. There will always be enough winning trades but if you chase an internet sectors that is scoffing at you, you will lose even more. Leave them alone a day or two, stop chasing them. Set up some buy limits if you insist. I did that today for MACR and it didn't hit and the stock tanked even more. Who needs the aggravation of chasing EBAY if ERTS,MAST,PWR, SRCL RAD are right there just for the taking.

To: Tradelite who wrote (38108)	5/4/1999 5:29:00 PM
From: lee kramer	Read Replies (2) \| Respond to of 120523

Debra, Small Fry, Jan Mccabe and other Gemmers: I'm getting the feeling that many of you (me too) are feeling a bit of burnout and somewhat directionless. And I just got back from 10 days of lying on the beach in the Caribbean! Coupla thoughts; (1) follow Jenna's notion of working the earning plays...use buy stops... look at the Watch Lists for one or two interesting plays...watch the charts, try not to get caught up in the "market madness." Stay away from the sectors that are confusing, go where the waters are a bit calm for a while. (2) trade in smaller positions. I picked up 50 NITE at 137 1/4, closed at 132. I may feel some minor pain for a while, but I won't get clobbered financially and it may turn out to be a decent trade. I think it was Jan who said she cut her lawn today, pulled up some weeds when things got a bit whacky for her. Do whatever it is that's good for your head and body. Me, I take a Sitz Bath (that's a bath wherein you sits down.) Rent these videos; "Rounders" and "House of Games" or "A THOUSAND CLOWNS" (great dialogue, much laughter...my all time favorite. Make love, make pasta, make love with pasta. Relax, recoup, reflect.