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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 (115215)10/12/2000 11:41:23 AM
From: Jenna  Read Replies (1) of 120523
 
Holds stocks long or short on a selective 'stock by stock' basis.If they are still showing strength take profits and leave some on the table for a future breakout. If they stop out, then so be it. Some plays are holding strength.. I would not be shorting indiscrminately either. Careful about those stocks that are oversold already and head for those that are inflated blimps.

Wait for any long plays still in strength like PPRO, FLEX, maybe even CREE to break later day after 1:30 or 2:00. We still have some excellent earnings plays that will want to move this market up especially the nasdaq and I'd stay FLAT until there is a REAL momentum move to the upside or downside if I'm not holding any trades at all. i will be back at 2:00 for more updates.
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