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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who wrote (14936)	9/17/1998 7:14:00 AM
From: Jenna	Read Replies (2) of 120523

S&P Futures way down.. 14.70. Japanese market down up to 3 percent same as with the European stocks.. Position traders should be prepared in the morning for brunt of the downdraft. I might have to sell my 4 options at the open, although they are earnings plays. Luckily I have very few calls and sold off most everything last night. CMGI..sometimes it pays to be overcautious! I know most of you were savvy enough to exit your larger positions yesterday. Prepare to short the banks or buy puts on the techs and the internets. You might pick up some S&P option index puts early one. I suggest you get at market and note even if they are down 30 at the open it end up down over 150 so take that into consideration. Watch the oil service and gold sector early on. This was expected, right Jeff? Never hold too many open positions in these times. Gilette might be okay for a bounce. Interesting to see if the good earnings reports of MLHR, CCL and some others will help them withstand the brunt of morning selloff.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next