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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 (97032)5/10/2000 4:01:00 PM
From: Jenna  Read Replies (3) of 120523
 
Gang this was not a time to 'buy bargains' and hold. CTXS just a desire to have a foothold in the sector with 99 big blocks. RFMD also not bad but I shorted even before I closed the long. The rally was one of shortest on record. It was not even a relief rally.. more like a relief belch. Indigestion is back in this market. I'm short IBM (puts), VRIO, RFMD, SEBL (300) and long one tech stock: CTXS (200) and 1 biotech VRTX (300).. Long: ENE, BBBY, SFY and KO.. 100 each. Cash in 80% of trading porftolio. 0% invested and weighted 4-2 short in nasdaq and long only 'safer' sectors.
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