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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 (117340)11/27/2000 11:06:07 AM
From: Jenna  Read Replies (2) of 120523
 
Shorts today on CMRC, MRVC, ARBA, BRCM and KLAC.. (ADBE as well) Downgrades in rallying market really work simply because there is always a fear of a short term topping and shorters are ready to step in when stocks move up 25% in one day they are short bait, and this is reinforced when some are downgraded as well.

longs were continuing holds from previous triggers (ALXN, MLNM, CSCO, INTC, NT, MEDX, JPM, FNM) as well as VRTX, ELNT, TUNE and ADCT (pulled back).

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