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: rob who wrote (18072)	11/4/1998 2:49:00 PM
From: Jenna	Read Replies (1) of 120523

NMGC.. I'm very bullish, but I've had it a while now and although its in a strong uptrend with 427% higher volume there is always the premonition that profit taking could set in after the report. We still have all day tomorrow to decide. logically I'd hold this one through earnings through 1999 and even through 2000, but logic has NOT been the deciding factor moving this market I saw what happend with TOM.. I got a 11 points out of that one only to see it up yet another 5 today. You can't presage these things. CREE was up double in a month and was now UPGRADED just yesterday. It's not enough to be a good trader to even to know your stocks, its fundamentals/technicals. There is a capriciousness and manipulative nature in this market that renders even the most logical deductions nul. NMGC has gone from 10 to 16 in just 1 month. If I knew what would happen to NMGC even if it beats,and I was able to judge that every time, I'd probably be sitting with Mark Haines as guest host of "The Squawk Box,"

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