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

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To: ok1day who wrote (82730)2/12/2000 1:10:00 PM
From: bobby is sleepless in seattle  Read Replies (1) of 120523
 
IISLF

As with you, I too am optimistic with this beaten down, forgotten about Israelian SAN play.

Jenna mentioned BITS at mid 5's, evaluated it AFTER playing momentum, and entered at 4 for the long haul. I felt XML technology would catch (seen MSFT's newest commercial emphasizing XML?), ipo attention webm, I have more than a double, and now riding on "free money".

With IISLF, Israeli stocks became a topic as her background derives, looked into it when momentum hit, risk/reward good for me as i've held since late last year, AND trade the channel between 4-5...now await SAN sector momentum or???

SNIC, dvd impact...INAI, sap...and several others i own for what i feel are the right reasons and bought patiently at the right perceived price.

If you seel strong about the stock for the right reasons, stick with it, but take jenna's suggestion as there are truly bunches of bargains in this price arena, and maybe better choices than IISLF. If IISLF goes to zero, I'm comfortable (not) with that scenario as with all incubators that I own. However, I have the strongest conviction that this will not happen.

Relative to MG, this is contrary trading behavior as the emaphsis is momentum. However, buying these types of plays can be a tremendous complement and can be truly rewarding.

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