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

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To: Jeff Jordan who wrote (11930)7/22/1998 9:54:00 PM
From: Jenna  Read Replies (1) of 120523
 
SYB.. Here is one that got hit and came back today. XYLN came back a bit. Another way to utilize the earnings season is to wait for the 'tankers' to reverse their trend. Usually stocks like SYB, XYLN, AFCI, CA and now AATT can be very good for a nice 5-10% pop. This is not exactly a "DEAD CAT BOUNCE" though that would be like catching falling daggers. I don't say get in immediately just wait for signs of a trend reversal first. For SYB the signs today were 56 large blocks went through on volume of 2,595,500. This was a volume change of 624.8% from its 50 day moving average volume.
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