Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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

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To: Lane Hall-Witt who wrote (5898)	3/6/2001 12:22:13 PM
From: Dave Gore	Read Replies (1) of 6445

Trendless market now; we are in the doldrums. Again, we could go either way the rest of the day and week. I am cautiously heartened by the reaction to the TQNT warning. Also, there are some stocks that are doing very very well on modest earnings surprises. For the moment there is a positive bias, but like Lane says we can't get too comfortable. It was still not easy to make a lot of money today on the long side if you didn't have some holdovers from the close yesterday, but ARTG was again a shining star. Ditto GLW, both of which gave you time to get in and still make nice money. BEAS was a nice trade, too, but its high valuation makes me nervous for a longer term hold. I still think ARBA could pop back to $18 or $20 if the NAZ does even reasonable well over the next week or two.

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