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

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To: John Liu who wrote (1729)1/15/2001 5:40:28 PM
From: Jenna  Read Replies (1) of 6445
 
e-mail: VTSS marketgems.com
VTSS did very nicely for a few days and looks fully valued here. Looking for possible the 55 puts for February or January depending on what the market internals are like by 10:00. Options expiration is on the 19th but earnings for VTSS is on 22nd. The next few weeks will have 'external' stimuli effecting the market. First the earnings reports from these and other companies, following up with a fed meeting just when the prices have probably moved down before and after the earnings reports. Probably a good few weeks for short preceding the final entry to stage 1 when many of the sellers are finally shaken out.

Keep your watch lists for the next few days as they will include technical and fundamental analysis and by the end of the month we should have a new crop of longs/shorts for both short term and maybe intermediate term holds. At this point we might be finally getting the last or nearly the last shake out as overpriced blimps get punctured and oversold stocks that have come down to 1/3 of their prices in early October might be attractive once again.
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