Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: majormember who wrote (14103)	9/7/1998 11:10:00 AM
From: James Strauss	Read Replies (1) of 120523

The Market... Skane: The market should get a short term pop from the Greenspeak the other day... Many will view this as a last oppty to recoup some of their losses and sell into the rally... So, we may see a pattern of rising Dow in the morning and selling into the afternoons of this possible rally... By and large Earnings estimates are down for the third Qtr... So, it won't be long before the market reacts to these lower earnings estimates... I doubt that Greenspan would be willing to lower rates twice within two months... So, whatever rallying we get will probably short lived... As for AMZN, the 50's or 52.50 PUTS look fine... Jim

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