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: hung wood who wrote (15839)	9/29/1998 2:00:00 PM
From: Jenna	Read Replies (3) of 120523

SWY at high of the day during this "tension".I don't think the cut will be more than .25. I think it is already factored in but there will be an initial "POP". I think investors will never be complacent on the market and profits will be 'grabbed' more quickly. So if investors sell off as well as traders, you have a climate of profit taking. I would rather lose a bit on expected profit than lose profits I already have. When things get back to normal the focus will be on earnings once again. That is why I would like to hold good stocks now through the outcome: SWY, COST rather than speculative tech stocks. Options for the 'pop' are okay.

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