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

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To: Jenna who wrote (92999)4/12/2000 3:32:00 PM
From: Jenna  Read Replies (1) of 120523
 
Picked up some puts in PWAV. Suprised at the upgrade on CREE and the selloff. So far I'm not long or short. PHCM I watched the sell off.. So the analyst called it a strong buy at $169. It is now 97.. I'll probably bite under 90. So much for analyst upgrades and price revisions. So much for the buy and hold theory and buying dips. When everyone takes their blinders off they will see that by the time these stocks will 'get back losses' others will grab at the opportunity to sell. Still mostly in cash, daytrading and shorting. Holding some dow earnings plays but only small positions.
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