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

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To: RusInvestor who wrote (90894)3/30/2000 4:33:00 PM
From: Jenna   of 120523
 
MMXI is a very good one.. In fact, I think we should be back looking at the leaders in the top sectors and forget some of the plays we were making when the nasdaq could do no wrong. Tomorrow's watch list I'm back to looking for well known top names, especially those with earnings growth projected over 85%. I started last night and EMLX came up as #1 with CREE and BOBJ, ADI in the top 10. Biotechs are looking attractive as well, but stocks like HGSI I don't want to get caught in a whirlpool of swooning prices. If I had ADI instead of HGSI today I would have stayed put.

The minus of the biotech sector is that there is no historical price patterns to follow other than the super high surge from end of December. I don't want to hold what should have been a daytrade (even if its losing) into a position hold that is losing in the double digits. The plus is obviously the chance that the 'leaders' in that sector could rise like a Phoenix from the ruins. I think we'll see some really nice gains in HYSQ, ABSC, GLGC, CHIR, and HGSI and we'll see a resurgence in the biotechs that are actually earnings like KING, SHPGY, ADRX, IMMU, MOGN, ABSC
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