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

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who wrote (80945)	1/28/2000 12:24:00 PM
From: Jenna	Read Replies (3) of 120523

About the Market: It is time to have some fortification of your long-term holdings with "puts" I have puts in S&P 100 Index, QQQ, ALLR, QCOM, RNWK, HAUP, ASKJ and SNDK (at yesterday's high).. All gotten during run ups and QCOM on the rundown. Still looking for something in the finanicial/banking sectors. Any Fat Cats like JDSU,ANCR CRA are fair game. You don't have to be a 'professional shorter' to be smart and know when an earnings season nears an end is the time to get into puts. As for the rotation into the "banking sector".. that is a joke but it was funny for two days. They are looking like good shorts and put plays as well. We have stated this before the the rundown of the Internet sector last April and before the rundown last August.. At the end of every earnings season is a correction, especially in the stocks that have run up to unprecedented heights, like some nets and Major tech sectors like telecommunications, computer services, and software. Add to that the non-negotiable truths of a robust economy and the Fed raising the rates and you've got a 'buying opportunity' in the short arena and potential buying opportunity in the long arena when everything settles down in a few weeks. The buy and hold theory might be good for teenagers or multimillionaires who don't care, but for us, I'd just continue to maintain checks and balances and churn my portfolio every few months.. there will soon be ample opportunity to get some real bargains in the finest earnings plays.It was the market climate that forced us to become daytraders in the last few days and now we know why. That is why I always say when you are a trader or short term investor, sit on your suitcases like any day you could be evicted from your premises and you don't want to stop and take the time to pack up everything..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next