Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (65383)	10/10/1999 2:27:00 PM
From: Long John	Read Replies (1) of 120523

<As a rule of thumb just to be safe, I would not hold a stock through earnings that was not up on the day before. Even YHOO was up the day before earnings. Even if they are up you are not guaranteed of a success, but if they are down its more ominous.> I tested this on my database and here is the proof: If an Earnings Play closed up on the day before earnings, it went up the day after earnings 69% of the time. If it closed down before earnings, it was down afterwards 68% of the time. John

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