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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Smart_Money who wrote (548)1/4/2001 3:01:21 PM
From: Jenna  Read Replies (1) of 6445
 
Market Gems Watch Lists and Earnings Plays Newsletter ...Our watch list comes out at about 11:00 p.m. and is e-mailed to members.. it is also placed on the Pristine Market Gems Website in its FULL-Featured format either by midnight or by 4 or 5:00 the next morning.

marketgems.com don't think NEWP will gap up another day but it could moved down and we could either short it at the 9:50 to 10:00 period and then go long in a later reversal period like the 10:25 to 10:35 or even later.. Or we might go long earlier depending on the nasdaq futures.  Hopefully it could be a short till the 80's and than a long through 100.We have to be careful as NEWP has a 148 P/E ratio.
Second strategy not to go long at all but to short it and wait for the NAPM numbers and depend on the fact that is a "nice" blimp and maybe get out with 15 or so points on the short side.
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