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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: kha vu who wrote (94061)4/18/2000 9:46:00 PM
From: Jenna  Read Replies (5) of 120523
 
..A Rest Might Be in order. Some stock have soared and gotten a little ahead of themselves. I'd be very careful about closing very profitable positions. I am looking at shorting some more the first half hour of trading but I'm satisfied with what shorts I already have... WAVX gave back almost everything as did AVX. PLUG should get unplugged tomorrow as well as VRSN and some others. Market Gems will be with you along the way until the bulletin board is ready (looks like by Monday both the bulletin board and the earnings calendar will be completely relocated to the Pristine Website).. There will be free access to subscribers and updates will be available throughout the day. Earnings plays will be updated as regards and new developments. Even with the bulletin board and pending Real Time Trading Forum operational, I will be on SI for as timely as possible 'free site' updates on specific other plays.

When everything is ready, subscribers will be e-mailed instructions. As usual I still feel the earnings plays will outlast any 'relief rallies' but I'd take profits (like AMCC, ALLR, PWAV etc)... Rallies of this proportion are reminiscent of what caused the correction in the first place. I would NOT be complacent at any juncture.
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