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

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To: Smart_Money who wrote (5343)2/26/2001 11:31:43 PM
From: Jenna  Read Replies (3) of 6445
 
Lots of interesting things tonight. As we saw the strong sector today was retail and biotech/healthcare as we hoped even before the the techs joined in. Tomorrow I'll be in the room especially early probably about 7:45 to 8:00 for the new traders to make sure everyone has their watch list. I will be posting updates on SI also between 8:15 and 8:30 from the pre market news, earnings that came out etc. Just some tidbits here. HOMS from today's watch list moved well and its possible to have more upside tomorrow. I would also be watching MRCY for possible continued bounce. We still love ENZN and we see a coming double top point and figure breakout at 67 and our PHSY (both swing trades) will have a double top breakout at 41.

We are looking at some possible longs and shorts for tomorrow and they will be posted on the watch list and others tomorrow for SI during the morning. Unless they reverse, IMGN, IVGN are still holds.. we have trailing stops.

As usual we expect some older earnings plays to trigger this week like we have had.. We have some from February 20 (report dates not watch list) that will be put on the list. Tomorrow more of the same. Its a fantastic phenomenal experience with so many good traders especially when I don't have to do everything myself. Stepping out though and coming back to the thread once in a while is also refreshing. We'll be discussing the technofundamental strategies and I'll look through my articles for some of the beginning ones and post a little later tonight.

E-mail.. I have tons so I can't answer everyone tonight. But little by little. Any questions that are important enough for you just post IMPORTANT in the subject section. I'll be back a bit later on tonight for more analysis.
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