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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 (98607)5/19/2000 8:28:00 PM
From: kendall harmon  Read Replies (1) of 120523
 
HH, touche Jenna, there is one part of me that is glad I had that debate and speech club training and would like to take you on, and another knowing you would devour me like a LION. There are dead cats and there are dead cats with bounce potential, and I have spent part of my time as a trader trying to learn well how to distinguish them. I think HH falls into this latter category. Look at the percentage cut on the earnings and revenue estimate today by the analyst and look at the stock reaction and I think it has overreaction written all over it. I got in at 10 9/16 and 10 3/4 and wish I had more (http://finance.yahoo.com/q?s=HH&d=1d.) I think 13 1/2 to 14 1/2 is possible next week.

Just look at the move on MYL to see the potential of these plays if you time and judge them correctly.
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