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

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To: Randolph W. Castleberry who wrote (8163)4/21/1998 6:44:00 PM
From: LastShadow  Read Replies (2) of 120523
 
Stocks and Stuff:

Randolpf: "I made the comment that you seemed to be someone who knows what he's talking about." Well, there is a big difference between knowing what one is talking about and being right...But OBJX still looks like a good mid term hold to me - especailly atthe price you entered. If it goes to 5 exit and reenter.

QDEK - Limit entry set at 1.75 for me

CYMI - There was minor end-of-day selloff before the subsequent rise. A lot depends on what tomorrow is like. See below.

CRUS - nice chart, great price and trade action. I expect this one to keep going tomorrow morning.

IVDO - except for the fact that the volume and number of trades was small, andthat isnt unusual for this ticker, I would say it looked good. However, withough seeing a better accumulation volume, this rise could be as short lived as the previous ones.

NTN - I mentioned my strike price was 2.25, and exited at that. Thought real hard about this one, but decided to renter at close just because I'd already tripled and could risk a little to see if it would rebound - will exit if it doesn't at least stabilize in the opening hour.

As for tomorrow - market needs a kick in the pants to send it up another day in a row. If a few sector leaders coime through with good earnings forecasts (not just last quarter) it could happen. I don't see anything on the horizon for right now that will do that, so my guess is that the morning will start out nice and then head downhill. News is playing a huge role in hese stocks movements, so use the gap strategy when prudent. Using that on any day in the last 7 would have made you a bundle with KTEL. Wish I had...

lastshadow
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