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Strategies & Market Trends : Angels of Alchemy

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To: jjetstream who wrote (40)5/21/2000 6:36:00 PM
From: JeanD   of 24256
 
PRSF traded up after their report (thanks also to positive comments from a RS analyst), NVDA did (they announced a split as well) certainly the exception and not the rule. A few I followed/traded last week ran up into the close just before they reported, SCMR, CFLO come to mind. (SCMR was a great one over the course of a few days). PLAB gapped up and ran to 30 the day after the reported (they had closed just under 28) - but then sold off the next day. I got 5 pts out of LTXX over the course of a few days - they actually closed pretty strong and gapped up at the open, trading as high as 38 premarket after they announced in the a.m.) - but they sold off too. Timing an entry is tough - and an exit, well .... I am happy with a lot less anymore.

Earnings plays are still out there - they are just harder to play. WIND reports the beginning of June - and if I am still in the market that is one I'll be watching. GMST still hadn't set an earnings date the last I checked (one of my favorite trading stocks - always one of the first to be strong if the Naz is).

For this week, I am still holding INTU and PUMA.
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