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

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To: Ravi Ratnam who wrote (13272)8/21/1998 2:56:00 PM
From: Jenna  Read Replies (1) of 120523
 
Surprisingly enough, the Market Gems watch list is pretty much in positive territory today.. WIND was #1 pick and SMOD and NOVL are there as well. I'm confident we'll all come out very well through this correction.. marketgems.com

I don't advocate getting into any serious positions now. Any rally can easily be a fakeout. If you are going long, look into the 1 day hold. I've been getting lots of e-mail about AOL,TLAB,MSFT,DELL,COMS, etc.. I would not get into any of these and hold over the weekend. This is NOT a turnaround. Downside we have more to go... upside is less because you must remember how overvalued we were just a short time ago. There is going to a very nice rally but it is not going to be in the next few days.

jenna
www.marketgems.com
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