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

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To: Susan G who wrote (23957)2/2/1999 12:31:00 AM
From: Jenna  Read Replies (2) of 120523
 
Yes, susan but understand this is temporary because we are still in the heat of the earnings season. Things should cool off in about 2-3 weeks so we can divide our attention between momentum plays and other plays like 'news' plays. What I noticed is when the market retreats after a late day sell off the earnings plays remain hot and some even close at day's highs thats why I think it is prudent to spend the remaining of this week and perhaps the next 2 weeks after that in these plays. There will always be some exceptions as a stock that has an upgrade or something else that makes it instantly attractive (i. e. VOLVY was a pick I had about 4 weeks ago because of the rumors associated with acquisition by FORD.. It had nothing to do with earnings and it proved itself)
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