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

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To: srvhap who wrote (13565)8/29/1998 12:35:00 AM
From: Jenna  Read Replies (1) of 120523
 
Okay.. sorry if I misinterpreted, I'm in puts for AMZN,AMGN and AMAT and YHOO.. and the S&P 100 September puts,(what is this with the AM's, just coincidence). I also have some calls (October calls) for the S&P 100 as well. I hope this doesn't mean I have to short the B's on Monday and the C's on tuesday. Today was very hard for me to post early (first time in months) because I was very anxious to get into the right puts on the internet sector. I usually take a few hours to come up with my watch lists so I didn't check it out for Monday yet. I'll probably have them ready by late Saturday or early Sunday.

What I find interesting is that stocks like TAXI, REXI, and some others pick a day like today to 'recover'.. If you recall TAXI was on my watch list and has been an earnings play for me for 3 quarters. Suddenly they came out with a 'rumour' about restricting taxi cab medallions to foreigners and the stock tanks. Similar to what happened to REXI.. I would probably, off the top of my head, base a few of my picks for monday on the large cap tech sector and round in off with a stock like REXI and TAXI that have been hit badly. I would also consider stocks like TLC, APOL, ASI and stocks in that sector.
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