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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: fedhead who wrote (38110)5/4/1999 5:10:00 PM
From: Jenna  Respond to of 120523
 
I think its worry about interest rates and profit taking, which is what I did. I don't know what is wrong with 1 or two good trades a day and holding overnight. Just getting a 4 or 5 points instead of 50. If you noticed I left all the net options over after one stab at it this morning. If you picked it up yesterday like o.j. picked up EBAY it was not so bad, you at least had a profit to sell, but today it was too late to chase them. I think I was following totally different stocks than anyone else today but I couldn't care less.

This malaise is always after an earnings season, and/or when the market reaches another point milestone. There will be another mini correction next month when some companies report short falls. Its happened every quarter for the past 12 quarters. I can't speak for before that. I knew the nets would be depleted after earnings but didn't heed that myself for a while.