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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: SMALL FRY who wrote (52320)7/23/1999 12:13:00 PM
From: nokomis  Respond to of 120523
 
SF - I'm mostly watching right now..until after lunch...with less traders, we should see more movement, methinks.



To: SMALL FRY who wrote (52320)7/23/1999 12:22:00 PM
From: SAMS BONE  Respond to of 120523
 
RFMD keep an eye on this one, it's coming off a lower BB, stoch @ 13.76 ( oversold ) waiting for obv to turn up



To: SMALL FRY who wrote (52320)7/23/1999 10:42:00 PM
From: Northern Cougar  Respond to of 120523
 
SF...sorry for the late reply but I left for the day around noon today ---made some green on the golf course :), couldn't make it on the markets.
I agree with you, it's pretty hard to get a sense of direction when the good news gets sold off and the bad news gets rewarded. A few months back NITE would have exploded for 5 or 6 pts the first day after a great earnings report (since there was no anticipation rally). It kept selling off slowly, bleeding the unsuspecting unbelievers. Somebody knew something, we didn't! Remember "If a stock is supposed to go UP, but it goes DOWN instead, it's probably going down some more". I Lost $4k on NITE by ignoring this bit of market wisdom.

Hope your average down on TWE works out OK. I just noticed that TWE kept falling the rest of the day.. In the long run it should be alright, it's got all the ingredients. But I think it will be a while yet before the Brokers get going again. JMO.

Good luck . I'll be cracking open a few brewskis at the cottage next week. Talk to you later... N.C.