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

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To: lizard lick who wrote (21986)1/13/1999 9:07:00 PM
From: Jenna  Read Replies (3) of 120523
 
CREE..A must to watch tomorrow>>> everyone might remember how bullish I was on CREE when it was trading at a mere $10 and that was about 470% ago.. just in last quarter a few short months ago.. It's hard to be as enthusiastic when it's nearly 50, but I still am.. Some stocks exhibit 'anticipatory upswing' 2 weeks in advance, some 1 week, some one day and some do the best the day earnings come out. CREE had an amazing 13 point intraday spread and closed very nicely close to that intraday high. A definite watch for tomorrow. Could be good for a 5-10 points and more if a good earnings report follows.
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