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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 (15285)9/22/1998 10:38:00 AM
From: Jenna  Read Replies (2) of 120523
 
e-mail: NKE..Oil service sector, KMET..CIEN...AMD

AMD..I'm very bullish on AMD..even more than on INTC. It's been in my long term portfolio from the September. I also trade it as well and it's been on many watch lists.

I saw in the morning that RON had earnings problem. That is what I meant when I said no matter how low some are they will still get lower. This sector is best left alone for the time being. You might be able to get a 'bounce' on some issues but nothing more.

Market has no clear trend, unpredictable.. Will wait for clearer trend before going long. One of those days good to get out in the morning after initial 'rally' and/or last night after good gains. Out of long positions except VANS, Now holding puts on HAL, puts on S&P

NKE..surprised but glad the trend is still up.

KMET.. don't know why it's up, but no one called it this morning.

CIEN is looking really good... finally.
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