Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Susan Saline who wrote (4611)	1/7/1998 8:25:00 PM
From: LastShadow	Read Replies (1) of 120523

Sue: AAPL The thing to be aware of with stocks like AAPL is that they historically, especially with Jobs running the show, wait for extremely opportune times to make announcements. His speech at the MacWorld expo was the perfect place for him to do his grandstanding. (I went last year with my son, but couldn't this year.) The surge in the two previous days spoke of an announcement, and they wouldn't have chosen to say bad things during the expo. Other CEO's do it differently. For example, DELL's speech ended up making the stock go down...At any rate, one should never buy during a rally. If you didn't make it onto a ticker before it jumps, wait for the slump and rebound if any. I was going to short AAPL first thing, but before hours trading showed it down already, so I figured it wouldn't be worth much. Set a stop to ensure you don't lose too much and get out on the rebound when you see the tick leveling (may be on Friday though). Scott

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