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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Scott Levine who wrote (2502)9/4/1997 11:12:00 PM
From: LastShadow   of 120523
 
Watch List and Information 9/5:

CU 26.812
IOM 28.000
SGI 28.25
TCOMA 18.25
VRGN 2.312

AMD (35.25) is worth watching due to its drop today.
As for VRGN, the net pushed this one up to me, but after looking at the chart I didn't see much there. I posted it as with the low price, even a 1/4 point growth would be profitable.

And now for some 'edge-of-your-seat' information...

Triple Witching Day - September 19th - Once every quarter, on the third Firday of March, June, Septmeber and December, stock options, stock index options and stock futures all expire on the same day. This phenomonon can throw the markets into turmoil as traders scramble to offset buy and sell orders. This will become more important as that day approaches. Oversold stocks (especially those with a lot of short interest and high average volume) should jump. Perhaps Joe and Jenna a few other options traders could offer some picks for us.

Scott - INSO is a beaten down stock, but I don't see any reason to accumulate it in the near future. The numbers are bad, the analysts are down on it, and there hasn't been any really good news other than the Oracle deal. If it closes above 16 then it will be in a technical revocery, but I would have to se some large block buys and really strong lower resistance above 15.5 for about a week to even consider it.

lastshadow
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