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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Jenna who wrote (1418)1/11/2001 1:54:55 PM
From: Jenna  Read Replies (1) of 6445
 
AHAA earnings play called this morning ruled with 25% gain, TLGD not too shabby 17.65% all called in real time. We don't see that much upside since the anticipatory upswing was huge. AHAA is used to being in hibernation and than breaking out grandly. AHAA has been an earnings play for the last 3 years. BBOX which has also been an earnings play for 3 years is faring well. The combination of HIGH EARNINGS and GOOD TECHNICALS can be the formula for dynamite gains. Hence the title of this thread. That has been the case in the past.. however for both the internets and the high P/E stocks that were not earning anything or just a little.. the bubble burst and basically the explosion of the internets and the explosion of the high P/E stocks were just history repeating itself and the variation of a theme. The major difference is that this move down took the entire market along with it.
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