Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who wrote (1378)	1/10/2001 10:48:55 PM
From: Jenna	Read Replies (3) of 6445

Futures are down sharply now. The Nikkei sets a fresh 52 week low daily. It's a traders market. Tomorrow I would also look to find some shorts among the high P/E stocks and our 'EPNY'style walking wounded. However, I still would think that to pick up some quality stocks like we have been doing (TLGD, WCII, TXCC) and maybe we chose a half dozen more AFTER earnings we'll see 30-40% up by next earnings season. You can't trade this market one way only. There are some pharmies I liked today and there is one I would love tomorrow..Waited for it for 7 days of downside. Number 3 Watch List January 2nd. All our biotechs on the last few watch lists did well: MEDI, IVGN, VRTX, IDPH,PDLI, MLNM

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