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

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To: Scrumpy who wrote (55147)8/9/1999 10:57:00 PM
From: Jenna  Read Replies (3) of 120523
 
I think you are both right and therein lies the fun and/or problem.. There are some rather good nets that have gotten battered and some of the second tier nets that have been battered some what but have come back as on-day-glory. The trick is to find out which is which. What I do is just try to get on at least one earnings play for how long that lasts, and short one net and long another. Today I got it right but I got it wrong with FOSL and TSFM. but what counts is how much money you take home at the end of the day even after a few mistakes. MU was on the watch list Monday and conintued to do well today.. and what do you make of stocks like ZOMD that was on the watch list over 10 days ago and won't quite? Who's to decide what is overbought? When it has bottomed? Valuations? that's funny. I've seen stocks in magazines (I save them) that were called by analysts overvalued 8 months ago, each one of them is up three digits percentages since that evaluation.
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