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

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To: AlienTech who wrote (5775)3/7/1998 2:34:00 PM
From: Joe Copia  Read Replies (1) of 120523
 
<< AlienTech on Mar 7 1998 1:53PM EST

>>April/May puts on the SOX index is a smart play !!!<<

Hmm errr shoudnt you at least wait for next weeks semi conference and
see whats going on first? >>

err.. maybe ... but as far as I am concerned the writing was on the wall with last quarters reports/warnings. This quarter and maybe the next was confirmed, imo, with the big dogs warnings ( ie INTC / MOT ) starting this quarters new CNBC re-visitation to the "Asian C.".
Even with the warning, during the actual announcement date we may see another drop !! We Shall See...

Stocks do not go up just because of GREAT earnings. They can go either way. Investor perception is, imo, what dictates the wild price moves short term.

Joe PTG&LI !!!
As far as AFL affecting the SOX, I did not say that. Jerry simply offered AFL as a suggestion and how could AFL affect the SOX index? hmm

Sorry I offended you. Play the market any way you choose. :)

Good Luck.

Joe PTG&LI !!!
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