SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (1003)6/12/2001 9:47:21 PM
From: Jenna   of 1227
 
Earnings Warnings.. once they are over, probably through the end of this week, by next week we should have more lights at the end of the tunnel and see some real upside in those companies THAT DID NOT have a shortfall. They are patiently in the wings waiting to take their bows once the procession of earnings shortfalls of the 'usual suspects' is over. June still should have some strong days of downside but interrupted with some sunny reversal periods and probably whole days, but I would STILL not be holding technology for swing trades. Why bother? There are so many wonderful companies that are swing trades over and over again and they are NOT large cap tech stocks replete with questions, problems, overcapcity, underperformance, etc.

The marketplace is not just made of CIEN, BRCD, BRCM, JNPR, MUSE etc.. but consists of many 'worthy' stocks that you don't have to time on a 2 minute chart.

By the last week of June and the first week of July we'll be offering up a new menu of earnings plays of those that are expected to do well through the month of JULY up to and maybe even THROUGH the hectic 2 weeks of earnings reports at the end of the month. August also is a great month for those companies that didn't report in July and can be dissected and analysed at leisure in August. Its not tons of stocks we need to research just the 'creme de la creme' of the top 20 or so sectors. We are currently going long more or less the same 12-15 companies much of May/June and we don't need more for swing trades. Following pullbacks and buying the bounces off the rising 20 and 50 day moving averages (and even the 10 day) is enough profit potential.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext