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

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To: Burjis S. who wrote (23081)1/27/1999 10:48:00 AM
From: Jenna  Read Replies (1) of 120523
 
SCUR I could not resist and it was my third time in that stock in the last 30 days. I put in a protective stop at 25 1/2 because I hate to have to get stopped out. SCUR (+400% in 4 months) and AWRE (+1,000%) are two stocks that don't know when to quit. You can probably spend the year trading these two and a half dozen others. Those are the sort of stocks that are great earnings plays because of the exploding anticipatory upswing by its followers. But there is a time when they rest and I think you might have a bit more downside in SCUR If it breaks support at 24 3/4 then you could probably get in.. I would NOT get in until it tests the support and bounces of it
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