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

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To: Northern Cougar who wrote (22926)1/25/1999 9:46:00 PM
From: Jenna  Read Replies (1) of 120523
 
I'm in from 90 (MSPG) and averaged down 86 and 88 twice after a 7 point gain last week, and I'm pretty stubborn. Now this is just based on my opinion but I think the chances of MSPG not beating estimates is about as probable as Atlanta winning the superbowl, possible but highly improbable. I was stubborn about NSOL but there is always that chance that something will go wrong.

By the way MSPG is a risky trade and I don't want anyone taking chances on this one unless they understand the risks. I'm doing it because I've done it 3 times before during earnings and I will watch carefully for the next 48 hours and get out and take a loss if need be. But it won't be more than a 4 or 5 points compared with what I've gained from this winner in the last year.
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