Market Gems:Stocks w/Strong Earnings and High Tech. Rank

To: $Mogul who wrote (117627)	11/29/2000 11:31:25 PM
From: Jenna	of 120523

Doesn't really affect the "Long-Term Day Trader" ..I trade in reasonable amounts, am a 'long term day trader' holding a position for much of the day, and swing trading short for up to 5 days (not even stocks for the most part). I hang in short through rallies unless they are more than 5% or so according to a rising trailing stop. I don't hold CIEN for 3 points but for 30 or an option for a double, triple or quadruple bagger, not because I'm such a savvy trader but because this market has been dropping like a rock for 9 weeks now and sometime we get that in one day! that's not always good but its the way I trade so when you sell that extra half point has not much significance. When I sell the gain is enough so I usually sell at market anyhow. But this market is so manipulated anyhow we will adjust to this inconvenience as well.

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To: bobby is sleepless in seattle who wrote (117626)	11/29/2000 11:38:53 PM
From: Jenna	of 120523

Investors in 'wonderful' stocks got screwed royally just as well, probably worse. Those that held EPNY, IWOV knew when to make their escape. In fact those very "investors" (or traders) who escaped EPNY, IWOV and CFLO are probably buying up those beaten down 'good stocks' with the money they made from those others. Simply becasue if they were savvy enough to enter IWOV, CFLO at the right time, they knew it was a 'short time goldmine' and made their timely escapes because they followed no lame advice from analysts and brokerages and I know this first hand. I have always advocated and expounded on this thread diversity all the way from the energy, the health sector, pharmaceuticals, biotechnology and financial. Those 'wanna be' traders are hanging out somewhere else on SI or wherever they might loiter. They are obviously not doing any homework if they are losing money. We are not' wanna be'.. we already are and will continue to be.

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To: $Mogul who wrote (117630)	11/29/2000 11:56:21 PM
From: Jenna	of 120523

I was asked by someone why I don't buy 10,000 shares of a stock.. and to be perfectly honest Ihave absolutely no confidence that where the money is routed and how I get the fill or if I get stuck with 6,000 shares of INTC in a plunging market. I don't use increments more than 1,000 and option puts are only up to 15.. and that's usually on my second strike price. I don't make as much, but the confidence is high, and you can trade with less emotion if you utilize risk management and trade a lot less than you can afford. I am usually underextended in everything moneywise... I like to see the cash and not the stock.

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To: $Mogul who wrote (117630)	11/30/2000 12:14:22 AM
From: Jenna	of 120523

JNPR, SDLI tomorrow should be a field day if you are short. CMVT earnings out on December 5, gives us two more days of anticipatory downswing. Look for more downside tomorrow, its trying but it has to contend with much of the same pressures that LU dealt with. Any flare up in the Pacific Rim and any potential problem going forward will be magnfied in this market climate. On a stronger note, ADCT did not have its proper upside today, it could move better in a stronger market climate. How to trade tomorrow.. If I were short I would cover in the first reversal period (9:50 - 10:10) and by 10:15 there might, just might be a rally, but only if key market indicators are moving up, the financials are doing okay, and keep an eye on the TRIN.. and tick. Look for the 'strong' stocks that have been killed.. Otherwise another idea is to forget going long if the trend seems tenous and the volume indicators are low, and just short into the rally.. There will be enough signs to light the way.

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