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

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To: Jenna who wrote (8382)4/23/1998 5:33:00 PM
From: Dave Shares  Read Replies (1) of 120523
 
GTW is trading at 57 1/4 after hours on news that it is being added to the S&P 500 index.

I can't believe this is happening on the day I bought my first call options (GTW 60) when GTW was trading at 52 3/4.

Do any of you experts want to give this rookie a little advice , or maybe I should hold my enthusiasm until I see where it opens tomorrow, as I don't always trust after hours trading ( my last experience was looking at EFII after it reported earnings, after hours it was up, then gapped down the next day...)

Last Shadow, I know you don't play options, but you do follow GTW, with the gap down today, and the gap up after hours, I am totally confused about where GTW is going.

David

ps. Jenna, I am really happy to hear about options being in the newsletter. I have decided that is the only way to be able to play some of the "richer" stocks that you follow.
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