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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: red_dog who wrote (62945)	9/23/1999 10:44:00 PM
From: TraderXx	Read Replies (1) \| Respond to of 120523

Robert..that may be true about the objectives of this thread and Market gems, but when the trend is going a certain way, it helps to pick stocks that follow that trend (ie. short). Instead of trying to find stocks long in a market thats going down, why try to find needles in the hay stack when you can practically have your pick of many stocks going down and short them increasing your chances of profit? and short term , which fits your objective as well.....Just IMO TraderXx

To: red_dog who wrote (62945)	9/23/1999 10:45:00 PM
From: hjz	Read Replies (1) \| Respond to of 120523

Even after today's sell off, high tech stocks and Internets have still had an incredible run up in the last month and a half. Look at some of these moves: MSFT from 81 to 98 +17 points SUNW from 65 to 94 +29 points CSCO from 56 to 73 +17 points YHOO from 116 to 186 +70 points EBAY from 80 to 160 +80 points EXDS from 51 to 89 +48 points <split adjusted> And this is just a sampling of the dramatic moves in the high tech stocks in a little over a month. You have to expect profit taking when stocks move up this much in a short period of time and whenever this happens it always is an opportunity to buy once the dust has settled. HJ