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

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To: DocJibe who wrote (24923)2/11/1999 11:37:00 AM
From: Jenna  Read Replies (1) of 120523
 
DELL is an earnings play and SPGLA was supposedly an alternate on the list but is now looking good enough to be considered an earnings play, and as for ELNK.. You forgot Friday. For me one trading session is very important in determining whether I hold longer. I can only speak for ELNK at this point in time, I'm inclined to hold over till Friday and Friday I'll see if I want to hold through earnings. My point is that I've left 1/3 profits on the table in these stocks, but I also did not lose more than a handful of points during the downdraft. I tend to be happy with a 1-3 day profit. If ELNK continues to show upward momentum without a break in the trend I'll hold, if not I'll sell and take profits. I've got 1/2 of my entire trading portfolio ELNK and MKTW and GCTY and I don't want to jeopardize it. I have the rest in NTBK, AMKR, NTAP,IEE, ITDS as well. FOX is now an intermediate hold and YUM is closed. I had a 'game plan' and strategy from last night, my first choice was CNET, but I opted for my #2 strategy. All the stocks I bought today were on today's watch list. In fact about 60% of the 10 stocks on the list are internet related.
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