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

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To: jpmac who wrote (8090)4/20/1998 6:52:00 PM
From: Jenna  Read Replies (3) of 120523
 
NVLS beats the street by 2. I opted to sell NVLS after a 3 1/2 point gain. Today was a classic example of how "anticipatory upswings" work. I was able to slip easily into NVLS this morning and based on the opinion of traders that it would be a good report the stock trended nicely all day. I could have stayed overnight and partook in possible gains tomorrow, but I chose to take my profit (since I had a chunk of the stock and not the options) and run. I DID NOT however do that with HXL, AXNT, and some others, because I thought these were substantially less risky and offered a better chance for continued, relatively risk-free gains.
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