NEW Market Gems - Swing and Day Trades Message Board

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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Jenna who wrote (156)	5/24/2001 4:42:22 PM
From: Jenna	of 1227

Earnings are not coming in well at all. ADCT missed and this looks like a precursor of what we might expect by June 11. If there is any upside in the larger cap techs, I would plan to be flat by June 11, when earnings warnings will begin. With a possible OVERBOUGHT situation in front of earnings warnings, the stage could be set for some hefty shorting. Companies like TTWO and other strong sectors will be the only hedge against possible earnings warnings and the resulting aftershocks.

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