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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 (70548)11/10/1999 6:15:00 AM
From: Jenna  Read Replies (1) of 120523
 
CSCO.. will probably lead the nasdaq higher, but I'm leary of a mid day selloff. Just trade carefully and watch to see if any short opportunities present themselves after you close your long positions. Just don't get carried away with too much irrational exuberance. Check the earnings plays as basically that is the intrinsic reason the market did so well October/November.. Its simply earnings related so it would make sense to stick with the 'movers and shakers' that caused this upward momentum and follow the leaders of the sectors that had the good earnings reports.

I tend to steer clear of the 'stock of the hour' and stay with more predictable venue like VSH, FFIV, ALLR. All three have had good earnings reports, there are more of course but just stick with the 'proven' rather than journey into the unknown.
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