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Re: jenna post# 21468

Wednesday, 02/25/2004 11:31:32 AM

Wednesday, February 25, 2004 11:31:32 AM

Post# of 25232
MRVL (trigger 42) and EASI* (anticipatory upswing day #2 and quarter #2) much EASIer for EASI but MRVL is fine. Careful folks though MRVL crashed and burned last quarter so play it safe, hedge with a straddle (first the calls, then the puts later in the session) that's how we do it. We never buy a stock unless it shows actual "anticipatory upswing" we just wait or short prior to the move up.

Keep your heads low, take the profit when it comes incrementally, raise trailing stops don't get stuck in losers AND NEVER AVERAGE DOWN. We got some good "bargains" today at the bottom and whether we hold or how much depends on this "greenspan relief rally" but we're milking the earnings for more as they outperform the market even with Greenspan as "key indicator"



We got EASI last quarter also.






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