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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 677.56-2.0%4:00 PM EST

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To: Haim R. Branisteanu who wrote (47176)4/18/2000 2:53:00 PM
From: powerchip  Read Replies (1) of 99985
 
This wave of nasdaq buying is essentially an earnings run into earnings of specific companies. It started off yesterday with the top-top first tier companies and is now moving into the next level of companies. The trick is to find those companies that have not reported yet, but will report a surprise, but have not had a stock run up yet. It pretty much happened with broadvision today. Digital Lightwave (DIGL), an optics company has consistently beat earnings and is reporting after the bell, it has not had a runup yet, this may be a good one to use to play this current market trend
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