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

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To: golfguyyy who wrote (3602)2/1/2001 3:45:18 PM
From: Jenna  Read Replies (2) of 6445
 
ACTM was pre-market in the Pristine Market Gems Trading Forum.. I was there at 7:15 already and on SI, and checked out lots of upgrades news, charts, etc.. most of the longs were from earnings plays we were watching and today's watch list (PHSY,EMBT,XLNX, FNSR)PPDI, ARXX,ALTR, XXIA and OPWV were posted last night for SI.

We called long CLS (got DIGL and CLS) and I posted I like SANM, PWER and ACTM.. when the market opened SANM and PWER were not attractive, but ACTM was immensely attractive (we have it as an earnings play with a P/E of about 17 and a peg of .15, with 30% earnings growth going forward.. it was the first thing we picked up within a few minutes. We didn't even wait for the 9:50 reversal period.

Some others like ADTK, CANI were replays from earlier this week.
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