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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jerry Olson who wrote (34923)4/19/1999 8:25:00 PM
From: Jenna  Read Replies (1) of 120523
 
Yes, it was very intense...but I am doing the watch list for tomorrow and I have found some interesting earnings plays for tomorrow, most of which were alternate plays and a few already on the calendar. We just have to open ourselves up to other plays and we will do okay. Today for example if we stuck with the oils (WFT) and/or some earning plays the damage would have been mininal to actual profits.

But there was a point where it looked like the market had bottomed and I got back some options, only to see it was one of those false bottoms and someone took it out and put it even lower and lower again. To be honest I WOULD HAVE gone long GNET, EGRP and NITE at the close had I not gone long late afternoon. I'm not as confident with EGRP but I don't feel GNET and NITE will have a chance to stay this low. NTBK has earnings and it should catch up. I have to watch my poor 100 shares of NTBK taking a real pounding.
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