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

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To: Jenna who wrote (13955)9/8/1998 11:45:00 PM
From: Jonathan Cleveland  Read Replies (1) of 120523
 
Re.Upgrades
Yes Jenna the house that is doing the upgrade
is important. It should be a strong buy.
I find the best moves on upgrades come from
Alex Brown. Goldman S. I try to avoid the
lower end firms. Upgrades work well when the
market is up. When one gets the news of an upgrade
depending on your data feed. The stock is usually
up a point and 1/2. I find they are good for
1-2 point gains over 1-2 days. I always check the
chart with the upgrade. I look at upgrades the same
way you might look at a stock that has had its earnings est.
raised.
best
J.C
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