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

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To: Jenna who wrote (1859)1/16/2001 3:27:49 PM
From: Jenna  Read Replies (2) of 6445
 
<<EARNINGS PLAY TRIGGER> Look to #4 Wednesday January 19 as it is triggering long here 29 15/16. Although we like the companies we called long, we are a little leery here about the market getting ahead of itself before the earnings reports have actually come in. We could begin to take some 'blimp' gains from short plays.. hold some of the longs that triggered (CMRC, SNDK, GSPN) as these are among those we expect to move up 30-40% or more in the next few months, not JNPR
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