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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Jenna who started this subject2/23/2001 1:13:21 PM
From: Dave Gore  Read Replies (1) of 6445
 
I am impressed at how GLW, EMC and stocks like CIEN are holding today (so far). Will they be among the first to go up on the next short term rally? Not sure why IMNX is up almost 3 points but glad it is.

On the contrary, TQNT is getting killed again and sometime down the road will be a candidate for a superb rally, imo. Worth watching any good quality stocks that are getting killed too much. Still not buying anything long, of course. Just watching on the long side and feeling great about it. Things are getting more and more reasonable and with 2002 comparisons relatively easy when we get there, we should all be able to make excellent money on the long side from perhaps April - June on. Remember the Market looks six months out for improvement. Once we get visibility and some postive signs, the Market will roar back.

Still, the next 2-3 months could be negative, so rallies will likely be very short-lived.
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