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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (44868)	6/16/1999 10:42:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

ORCL chart marketgems.com. was not a site for sore eyes since June 7, the results of its earnings was not anticipated not even by investors. The stock was virtually cut in half from February through April 1999 (including the dates of the earnings report). I can tell simply because other occasions of anticipatory upswing 'started by those who know something' are different than what happened with ORCL yesterday. Also note that ORCL was actually down in an up market (yesterday) so I wouldnt beat myself up on not holding. It would have been nice, but I did not like the chart on Tuesday.. If you would like to compare, there was one day I bought YUM solely from previous experience with that excellent earnings play, without any anticipatory upswing. As luck would have it, YUM was down the next day after a good report and has been in a pretty long term correction since then. TAGS another old favorite and former long term hold, was sluggish like a stock with "Chronic Fatigue Syndrome" around its report date as well and has really never wholly recovered except for some 'good days'. So for my trading strategy, I buy nothing if the chart is looking negative before earnings, not even a CMGI or AOL..