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

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To: Connor26 who wrote (81691)2/3/2000 7:20:00 PM
From: Jerry Olson  Read Replies (2) of 120523
 
Conner

LOL...disrepect??? hahahahaha...

ok lets talk about this...yes our P&F indicators are all negative..what does it mean..

just be careful...it's not the end of the world because we are negative from lower levels on our charts...

so less trouble on the downside....NO BK!!!!

just buy the good stuff that has pulled back to support, and trail it with tight stops...

but do not, i repeat..do not try to catch any falling knifes...we will need to see consolidation of those types of stocks...

stick with the good earnings plays, and solid WL...today was really nice...

but keep both your eyes open here..thats all...

i'm going to trade both sides of the street, rather than simply the long side...

there are ballisitic stocks that will fall like stones in this type of senario..but on the other hand we can and should trade the long side...

so take it easy...think sharp..and tradem' like you know how too...

and Conner..one day does not make a market...
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