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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (10263)7/30/2002 11:07:40 AM
From: Dave Gore  Read Replies (1) of 16631
 
Good Reward/Risks --- NVDA, MIR, KG are all solid R/R plays, imho. Throw in ITRI too, I guess. But I won't get greedy if the Market trends down and break important support.

** NVDA was most timely because the SOX started acting well a couple days ago and is doing fine today.

** MIR will likely give us an answer as the C.C. happens today (starting now).

** KG had a great earnings report and is easily at its ALL-TIME historic PE low. Re: KG, it is a drug stock in an election year, so it's big run-up may be a month to 4 months away.

**ITRI beat earnings and guided up, but dropped about 35% on one analysts concern, while the Market ignored the Goldman Sachs upgrade. PE very low now. Could be back to the low $20's if the Market continues to gain confidence.
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