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

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To: SMALL FRY who wrote (84429)2/24/2000 2:16:00 PM
From: Jenna  Read Replies (2) of 120523
 
MCKC looks like a sell towards a close and perhaps a short position. I never shorted MCKC before and I hope I can do it. I did cash in some mutual funds I've had for only 3 months this morning. Fidelity and Prudential make it easy.. I will wait for a few days and get another batch. I decided not to get another health care biotech mutual fund, I enjoy picking out the stocks myself. RIMM was gorgeous today but I'm still considering a short position.. NEWP is tempting but I'll hold back.

Long positions if there is more of a rally in nasdaq: SCMM a really good earner which i missed lately and WGRD, SIFY. QCOM if it closes above 70% of intraday range I'd go for a few call options, they are cheap. Otherwise I'd leave both CSCO and QCOM short overnight for a possible nasdaq mini-corrective move tomorrow.
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