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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: baggo who wrote (116959)11/19/2000 1:50:59 PM
From: Jenna  Read Replies (1) of 120523
 
<font color=green>The ADX Accelerator Revs Up Before Earnings Announcements marketgems.com
INTU, CMVT might continue to move before earnings.

We waited for JDSU from 110 to 69.. how sweet it is. JNPR SDLI fun 'in the sun with these blimps, we might even get another double or triple bagger on the option calls, but unlike American Express, I would leave home without these two except to gain in option calls for maybe a swing or long term day trade.

We are not interested in a stock picking contest, we have our collection of investors calling themselves long termers or should I say committed to "life sentences" on these blimps because they couldn't get out or go short. Sure sometime in a time-span of days or weeks in the months to come they will come back for a spell, but who is willing to commit that here that we have bottomed in certain blimps?
Sure in 3-5 months when the time frame is long enough they might 'pin on' some gains but then its another variation of a theme of buy and hold theory. How do we know that in 4 weeks more earnings shortfalls will take these stocks down another 20 to 50% or even more?

Anyone who tries to establish what stocks like these will DO in 3+ months is just guessestimating and passing the commitment to some time in the future because they don't have idea in this world what these blimps will be like in 3-6 days or 3-6 months. In order not to be faced with being wrong, they just put it off to months away so if they continue to move down they will say.. "We meant in 6 months" and by the time 6 months passes no one will remember who said what or will care.
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