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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: Jenna who wrote (46576)	6/27/1999 1:00:00 AM
From: Robert Brooks	Read Replies (2) \| Respond to of 120523

Jenna : The notes you added to the watch list are very helpful for seasoned traders as well. When you have time, your comments and insight are appreciated. BTW I have read several posts the last couple of days where you seem to be defending your actions to shorters, some who have questioned your motives and integrity with respect to the people who read and follow your thread. You write very well, your arguments are compelling, and I have noticed that a few of your detractors have either recanted or at least softened their position. Of course IMO you had nothing to defend. Your intentions to 99% of the people who follow this thread are completely honorable and aboveboard. I spent many years in upper management. I found that one of the identifying marks of successful people was that they were not afraid to share their good fortune with others, whether this was information, praise, promotions, etc. On the other hand, those who could not excel were always insecure, paranoid, and constantly kept what they perceived as valuable very close to the vest. They could never realize that their envy of those who were succeeding was the very reason why they could not move to the next level. All successful people have to endure individuals of this nature, and you are no exception. I noted your call on BVSN Friday, and the watch list for Monday. It's one of my favorite stocks as well. I rode it from the upper 40s to the low 70s last earnings season, and I expect similar results coming up. But did you know that it is being shorted by another notorious seller and his group? Methinks they are about to get burned. Regards, RB

To: Jenna who wrote (46576)	6/27/1999 1:07:00 AM
From: Jenna	Read Replies (3) \| Respond to of 120523

What traders might expect next week and in the coming weeks: Well its pretty obvious that there will be a rate hike and I'm already looking towards the relief rally that I expect to ensue. This relief rally should prove to have 'enduring' strength because of the coming earnings season. A strong economy translates into very good earnings so I would expect a good few days, then perhaps a sell off into profits leading to around July 7 when the nets begin reporting and July 14, when the season heats up to boiling. Now clever traders should utilize the next 4-6 weeks to make as much money as possible and possibly gear up for the coming easing up in August and possibly more volatility in September. For the financials I would focus on PVN, COF, MWD, NDB, AXP, FBG, ITG. A few banks like FTU and BAC. Those I'm following right from the get go on Monday through Wednesday. FDX, an earnings play, could also have some more upside. The next sector I'll be watching after the financial are the 'first tier' internets, especially CNCX, ELNK, YHOO and MSPG.. and my favorite sector of all and the one where I have had the weight of my intermediate and long term portfolio resting for the past 14 months. ::: Telecommunication services and equipment sectors. Also interested in Media, Advertising, Automakers , .. and of course you can't have a good earnings season without the retail sectors. Those are enough to watch in the next 6 weeks and we have been diligent in finding our 'plays' in this sector and getting scores of earnings dates in the past week. Chipmakers, electronics and software always have a good place in the season as well as I'm expecting more gains from the likes of QLGC, ERTS, LGTO and VTSS.. So lets put on our seat belts, and be ready for a nice ferris wheel ride up... with of course the occasional ride down. But nothing is certain in these trying times so be prepared to be a 'Chameleon' and don't fight the trend next week, but go with the flow. Be prepared with stops and try not to be distracted by anything other than pure analysis.. Now I have seen that although LEN had blow out earnings the stock did not move and this means that even though earnings might be good in certain sectors, it will not necessarily translate to increasing stock prices. LEN is moving now so it might just be a delayed reaction, but we have to see what happens when 2 of our other earnings plays: DHI and TOL report to draw any real conclusions of how raising rates might effect that sector.. But if you follow some of our past earnings plays like ORLY, BBOX, FOSL, LLTX you will see that ultimately there good earnings were actualized in higher stock prices.