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

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To: Long John who wrote (94725)4/26/2000 3:06:00 PM
From: Long John  Read Replies (1) of 120523
 
DLTR. I called a buy on this Earnings Play last night and it's having a good day after opening with no gap up. But there still is time to make money on this one. Past Earnings Plays that closed at a new 52 week high the day after earnings were announced continued to gain for weeks. The average stock in this case gained 14% the first day after earnings, but still gained another 10% over the next month. DLTR probably will close at a new high today, since the old high was 54.875.

John
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