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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 (51013)7/19/1999 4:09:00 PM
From: Jenna  Read Replies (4) of 120523
 
ALLR*.. Up another 6 1/2 +11 since entry. entered HAUP, Puts on EXDS doing etremely well. YHOO puts starting to move also. Only LXK giving back but I'm holding. CREE from Friday's Watch list.. missed everything else. Not a much of good mood here with Kennedy accident, I hate planes, my son flies a piper and is soon looking at a fighter jet..(stopped out with 2 1/2 point last Monday otherwise would have been up 12).. stopped out WAVX.

Some really good earnings plays hit: CACS, CHRX (mentioned many times) QCOM, RFMD, CDWC (triggered on 13th), POS just looked at 2 days there plus older holdings. ( I didn't even look further than 2 days) and 2 days of watch lists (today's and Friday).. for HAUP. Still holding DISH from Friday.

ALLR lost 3 points, got stopped out with 2 1/2 but reentered a a low point

Sold off final stake in ALLR, CHRX (longer term hold), HAUP, RFMD (longer term hold). Kept the puts on the internets..
I noted when I printed up this weeks newsletter that the internets especially looking very overbought to me (check the moving average charts and technical strenght).. They were gaining too much too quickly and I even missed RAZF and SPYG today but decided not to enter or go long any net position besides HAUP.. I contemplated STMP this morning but opted for HAUP
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