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

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To: kha vu who wrote (42587)5/30/1999 11:16:00 PM
From: Street Walker  Read Replies (3) of 120523
 
Net Stocks on Tuesday

quote.yahoo.com

Bad News! AMZN may take part of the sector down with it.

Read all of the news releases. Kinda dampens my belief in
a carry over relief rally from Friday. Stay away from e-commerce, unless you're short, which I have a hard time doing because I'm
generally a positive person in my trading and like things to go up.

Some economic #'s will be released Tuesday which will have some
affect on Greenspan's decision later in the month. Could we see
Dow 10,000 this month? Yes. That's what we were saying a few months ago <g>. To bad its in the wrong direction! Lets wait and see what
the numbers bring us on Tuesday.

I'm optimistic, and believe there are some good net trades out there,
just don't get caught in a bad one. Patience for 3 more weeks may pay off if deciding to hold one for an extended time. Therefore,
the net stock I'm referring to, well, I'm still hesitant to mention
until it feels right.

The one stock I KNOW IS GOING UP THIS WEEK IS....GUMM
watch the trades as larger investors/insiders start to buy in.
They are going to a big convention next week for Store Manager
Purchasers. Don't underestimate Zicam. zicam.com
Sales for this coming Cold Season will have a dramatic affect upon
their earnings. Once again, this is not a daytrading stock. The
trading float is becoming smaller and smaller as long term investors
have been buying it up - that's the gem of this. Demand will come
and few will sell, thus driving the price up quickly.

S.W.
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