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

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To: Jenna who wrote (1884)1/16/2001 6:04:11 PM
From: Jenna  Read Replies (1) of 6445
 
JNPR good for 120% haircut from its highs of 240. If it levels off at 135, its still better than those that held or moved in prematurely. I still think there are more compelling plays out there and will use JNPR's earnings to for possible earnings surprises in others hopefully they will be cheaper and have more upside for the remainder of the week. JNPR has tremendous earnings, but so is the price. NVLS was overlooked by everyone. I was long just last week but closed the position. ELNT, TLGD and some others might move up on earnings news. Its about time as stocks are so attractively priced and we have been waiting for a break in the downside since Thanksgiving. I'm not sure this is it, but if it is, we are already long 1/2 dozen companies that have been sliced in 4, that could move well into their own earnings reports. We can just wait and see and hope. I saw INTC up to 34 and now its only trading at 32.
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