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

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To: Scrumpy who wrote (91480)4/4/2000 12:08:00 PM
From: Jenna  Read Replies (3) of 120523
 
I'm here a while.. holding AMAT and sold LMLP.. luckily they held up. NBIX looks good but only until the trend is in tact. I was in IBM and EMC, now I'm short RIMM, ALKS and holding NT puts. I still have a long position in NT but it got smaller. I'm not interested in much yet. Starting to get interested in shorting some more. This market is not for bargain hunters, its for shorters, those that escaped like AMCC which I missed and SNDK. I'm glad I took small losses the first day, I kept saying to take profits and any rally would be a relief rally. We don't even have that. I thought on Monday we might have a 'relief rally' but I can read the writing on the wall. Tech stocks will be (future tense) bargains but they are still in free fall and catching falling knives is no fun. Daytrading the volatility is okay but I have a little and I'm just setting up alerts just in case.
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