Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (103690)	6/22/2000 1:06:00 PM
From: Jenna	Read Replies (5) of 120523

MERX.. I have been patiently short MERX since 54 11/16 waiting for the earnings to get close. As earnings get closer, I might cover and look for a pop for earnings since MERX has already had its "earnings anticipation' the first week in june when it popped hugely the day after I posted it. 2 unsuccessful shorts followed for a loss of 1 point each until I nabbed MERX short finally. marketgems.com MERX has broken below its uptrendline channel today and with a stock that is expected to make over 300% increase in earnings, it looks like a good bet on this bounce off the lows. MERX is having its earnings report on June 27. Capable of huge intraday range.

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