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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 (104094)6/25/2000 9:56:00 AM
From: lee kramer  Read Replies (2) of 120523
 
kha vu: Haven't traded the Diamonds yet. Thus far, only the QQQ for the NASDAQ. I tend to get more "bang for the buck" by shorting one or two stocks. But if feel that the DOW is gonna break to the downside, I will trade the Diamonds. As to the Dow going to 7800 this August...I have no clue. I suggest you watch the charts...always watch the charts to see which way the money is flowing...and what the primary trend for a stock(s)is. All the good things that can be said about a company mean nothing unless they're translated into orders to buy the stock. I know I've said this many times...but there is the company, and there is the company's stock. Traders buy and sell the stock. Over a period of time the stock will generally follow or lead the company's fundamentals. But this usually more helpful for investors with time and patience...than for most traders. (Lee)
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