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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: nokomis who wrote (72492)11/19/1999 1:35:00 PM
From: Jenna  Read Replies (2) of 120523
 
ORTL.. reporting on Tuesday.. reaches a new 52 week high. Should have mentioned this morning, but although it might be late for earnings play this winner should be watched. From past experience its stocks like these that will make higher highs while stocks like KIDE, FFIV and VERT will correct. Nothing against these stocks as I've held all of them especially KIDE, but when they start to totter, "TIMBER" because the losses are large. I'd rather diversify and hold these three for 1-2 days but for the longer haul I'd stick with stocks like VSH, ELNT, ORCT, ORTL, and the fundamentally sound.
Even ALLR was too good to be true, and every day held was a miracle which finally just could not hold out. Stocks like LBRT (mentioned yesterday as a short) and ALLR make great shorts after their spike highs are just much too high to continue to sustain themselves.
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