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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 (16046)10/3/1998 5:29:00 PM
From: Jenna  Read Replies (2) of 120523
 
email: DELL, MSFT, IBM, CSCO, NSOL

DELL: I would not sell DELL at this time or buy puts in DELL.. If the rates are cut more DELL will rise. As long as it stays above support of 58 3/4, it seems safe. DELL is so strong, I would look elsewhere for shorts.

MSFT.. sorry I sold my puts. MSFT fell under support of 107 and could see further decreases.

IBM.. same as MSFT.. sold IBM puts and did well, but I should have held them longer. As long as it doesn't fall below 122 it should be okay.

CSCO.. Below support of 57 1/4.. For immediate term, could drop more. If its up Monday, I'd consider the October 55 calls.

NSOL great intraday trade. October 7 government decision going to be made effecting NSOL's future.
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