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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: lee kramer who wrote (42313)5/27/1999 5:26:00 PM
From: Jenna  Read Replies (1) of 120523
 
NITE. I agree. It would not have traded down, but done what VIGN and VERT, TERN did toward the close yesterday. Good news tends to move stocks very quickly, especially stocks in the limelight as NITE. I took a chance but saw that it was the wrong decision. On the other hand the SCH, which was about -1/2 at the time of the decision, went immediately to -2 1/2 to -3 to - 3 1/2. DIR, is another story, I just like the momentum on that one, its a play on a good company irrespective of a daytrade.
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