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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 (46157)6/24/1999 9:56:00 AM
From: Jenna  Read Replies (2) of 120523
 
<<ALERT>> 5 of our 11 stock picks so far are in the "highest point gainers" list. (only one gapper)

Stock #4 (6/24 WL) up 2 points beyond gap up. Remember stocks that gap up either move down to fill or runaway with more gains, this did the latter. Long stock #11 today's watch list (6/24), watching for stock #8 (WL 6/24) to pull a "PHCM" move. Meanwhile PHCM is moving away from starting gate once again. Volume is nice for early morning. Looking for MWD to move because of blow out earnings, however it is not the habit of brokerages to move up after but before earnings. MWD pulled back this week already so I'm watching. Also contemplating a <<STRADDLE on CUST>> with calls on same strike price.
BancBoston Robertson Stephens Reiterates Buy Rating (6/23/99 at 3:59 p.m.) on stock #8 today's watch list.. It is a lot like PHCM, so wait for possible surge in price/volume.. set alerts so it doesn't run away, like my IMNX ran away yesterday.
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