SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kendall harmon who wrote (72640)11/21/1999 4:46:00 PM
From: Jenna  Read Replies (2) of 120523
 
True for investors, readers of Barron's and those that will be holders of Gillette, BMY, and other 'non-movers' exhibiting no volatility, nor appreciable price moves to the upside. Traders are weaned on volatility, the more the better. In fact position traders and intermediate holders are also becoming 'fans' and buyers of more volatile equities. The criteria has to be high estimated earnings velocity and acceleration quarter after quarter and very high revenue growth for this to 'work' with longer time holders.

Volatility is not for investors because you don't want the stock that has gone up 30% in a year to be down 30% in a few days.. Paradoxically its the lack of volatility that kills these DOW and certain NYSE equities. You get a slow mover with 30% gain and suddenly it can get wiped out within a day or two with some news on earnings, or just insitutional malaise.. and leaving the stock in droves.

Technology stocks are where the money is. The stocks are volatile and will remain volatile, but they will be volatile to the upside with higher highs and lower lows. If Barron's and NYT don't like it they malign the daytraders.. its actually boring and predictable. I just did an re-analysis of CCUR an earnings play from August 10, 1999 by myself... thereby saving $150 by getting the report from First Boston.
209.238.58.242
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext