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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: manny t who wrote (39360)	5/11/1999 9:17:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

PER.. I did not see your post but I am holding until the trend reverses, Most likely before earnings, unless it does a "FOSL" routine and shows no diminishment of the uptrend. Most of my 'stocks' do fizzle before earnings.. Especially the ones I enter 4-5 days before earnings. On the other hand the ones that start to show uptrend only a day or two before earnings and are increasing (i.e. MACR) rather than diminishing the uptrend I might stay. I did mention that for some reason even if i make a mistake and hold a loser through earnings, it hasn't cost me more than 5-8% and usually a bit less because I escape pretty quickly. Perhaps because they were not the technology stocks, or most volatile ones. But if I hold a winner the gain can be anywhere from about 40-300% on an option and about 10-30% on a stock, with big fluctuations so it's hard to really give an average. Some weeks as much as 25% are losers and some weeks none are. No more days when I lost 25-30%.. that happened twice in 3 years: once with ZBRA and another time with a company that sold nutritional supplements that I no longer even remember the name. So I tend to hold about 25-30% now through earnings, but it took me 3 years of 'practice' and it's still a very difficult decision. Thankfully, earnings plays are only about 1/4 to 1/2 of my trading so I don't get that 'stressed' at holding through earnings. If it becomes too much of a hassle deciding(i.e. ANF) I just sell and console myself with a nice, juicy net stock, telecom, ex-earnings play or old favorite.. like EFII,ENTU,GALT or SWS.