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

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To: Jenna who wrote (5659)3/1/2001 9:21:59 PM
From: Jenna  Read Replies (2) of 6445
 
Resurrection City.. some decent companies were given new leases on life today, however I'm looking at IBM puts, which I have put off probably long enough. I thought I missed out yesterday but there is another chance. Next week begins pre-earnings warnings (are there more?) Also still holding MWD puts, leftover basically from today. Other short positions we might reenter would be MERQ, DPMI, UTEK, CCMP but this time we are selecting some long positions if the market can ignore 'bad news'.. It certainly won't be these six though. RIMM hit the 38 mark and moved down but I would try that on also once again. RIMM target of 30 moving away but still attainable.

We will post some possible swing trades as they come up so far there are none leftover. Over grown stocks will always give us short opportunities but as long as their good companies, with good growth and 'plausible' p/e's those are the ones we might consider taking home.

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