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: Judy who wrote (5475)	2/20/1998 4:23:00 PM
From: LastShadow	Read Replies (2) of 120523

CPQ and COTTF I exited it a couple of days ago as it looked to go down after the leveling. Today's action up until noon was a sell off from my read of the ticker. At mid afternoon I didn't see enough large buys on the attempted reversal to sustain the uptrend so I let it go. I just checked the intraday for the rest of the afternoon and saw the downturn. I am looking for it to base, and suspect that will be around 31 and reenter when it shows some strength. Optionwise I don't pay any attention to it, so I can't give you an adequate answer there. For future reference though, if a stock is just correcting laterally/horizontally I will leave it off the Watch List, as it isn't a potential buy or hold. If I see a reversal coming I list it as an exit - although I usually only do that for ones I am long on, and even then probably just for large positions (over 1k shares). Decided to hold COTTF. lastshadow

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