Like my Ford truck and my Ford dealers and Ford customer service.
IRA gold stocks ;[dividends like NEM] are still down about 5%+.
That is usually good for larger position in October techs .
Usually enter my swing trades late like FLEX @ $7.15 on 10/11/02
Sold FLEX @ $7.65 on 10/15/02.
On short term trading accounts I TRY not to have big drawdowns;so got back in FLEX @ $7.88 10/17/02 ,still in.
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I try not to hold thru earnings announcements like FLEX. Have been known to plan a few exceptions;that is , if the markets are strong[like now ] and equity trend permits it .
Not fast enough to do a lot of pre or post market buying.
Still riding most of tech stocks bought in early to mid Oct.
Bought 10/17/02 FLEX @$7.88.[Swing trade,short term trade account]
Sold 10/25/02 FLEX @ $8.01,+$8.02 [45 minutes after regular market open ]because;
UNDER performing my other tech stocks and
FLEX has been making abnormal, profit threats on my candlechartslately.
Interesting 2 day candlechart on FLEX during earnings warning-the law of averages ''usually '' doesn't favor panic selling in post market.
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As they say in Chicago ''Vote early and vote often''
I'll put together the update this weekend. I can tell you right now, my P&L on swing trades is not good. So far I made a bad call on market sentiment, but these things happen once in a while.
Originally posted by Donkell Did you keep TXN to an intraday and close it or decide to hold over the weekend?
Also what time of day did you enter this trade?
Thanks
don