Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jenna who wrote (67194)	10/20/1999 10:11:00 PM
From: nokomis	Read Replies (1) \| Respond to of 120523

MDCM: positive news re new direction / increased revenues: biz.yahoo.com ..watch this one the next few sessions..Wall St. should like it...

To: Jenna who wrote (67194)	10/20/1999 10:35:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

Earnings Plays are not gapping up as in the past as quickly after the report. There is 75% or more left to gain in the stock AFTER earnings are out. This is a good thing. This fact will set the scene for the next earnings season beginning in January. We will establish exact guidelines for entering these plays AFTER the report. I am starting already next week for the last week of October earnings and continuing into November which still has a fair amount of stocks left to report. This isn't an exact science but I will try to graph and chart (with John's help) the amount our earnings plays moves up the day of the report from the stock's open. I've held two through earnings tonight that look good and beat the street, but only tomorrow will tell if it was the right thing to do. Both are very low profile stocks and were mentioned on the thread. .. Internet stocks will pull back 10-15% after good earnings reports and of course more if they miss earnings expectations. This might of course not be in one day but if you check them 2-3 weeks after the initial report, that is what you will find. I would not be in a hurry to get more out of the sector than the anticipatory upswing before the report and/or some profit AFTER the report. The latter more so with the newer IPO's or net stocks that have not kept up with the large gains in the sector so far in October. I expect to do some shorting tomorrow in the sector. Stock #4 10/21 EP beat the street by a good percentage but was up already in 13.35% in Anticipation during today's session. It could conceivably move even higher tomorrow or could sell off on the news. Either way I would think 10 or 11% would have been enough profit for one day without the risk of holding through earnings.

To: Jenna who wrote (67194)	10/20/1999 10:55:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Earning Plays are being researched for the month of October. Dependent on this research we will be developing strategies of calling plays BEFORE and AFTER the report in the trading forum which is still in planning stages and should be ready by January 1, 1999. We are planning strategies of shorting after the report, (ARBA, RNWK etc), getting in on anticipation but not holding through the report. We are also planning to completely change the calendar to reflect the position of stocks in the 1 to 2 weeks prior to the report. After the report we will be tracking them for possible intermediate plays but this will take the form of a bi-monthly newsletter of updates. There will be a special trading manual prepared just for the trading forum with these guidelines for earnings plays and guidelines for our momentum (watch list plays). There will also be a few tutorials prepared in streaming video to the same effect. The guidelines are not quite the same for both plays as they are much relaxed for earnings plays AFTER the report (gap ups etc..) They will include strategies for tracking on 5-10 minute charts following moving average (volume indicators as well) and channel trading strategies. These strategies should be uniform for our plays although some of you more seasoned traders could use tick or 1 minute charts and trade them using your own strategies. Those of you who won't be utilizing the chat room at all will have watch lists that are more detailed but still leaving room for swing/day or position trading these stocks (i.e. stock #11 for today, a 25 dollar stock, which was up 2% when called and up 8% for the day could be a daytrade or swing trade or even position trade). Intraday updates on SI will probably change or cease completely but more time will be given on SI to general education, a few plays for the thread, including charting and analysis before and after the fact etc.

To: Jenna who wrote (67194)	10/20/1999 11:09:00 PM
From: lee kramer	Read Replies (2) \| Respond to of 120523

Long John's analysis supports Jenna's strategy of selling EP's into opening strength the morning after earnings are announced; 65% made their highs on or shortly after the opening, only 45% closed higher than they opened...if I recall John's figures correctly. (Lee)

To: Jenna who wrote (67194)	10/21/1999 7:15:00 AM
From: Sosmartinov	Read Replies (1) \| Respond to of 120523

EFNT....Jenna, thanks for the input...however Some of us on the thread can't read the map while zipping down the hiway on a motorcycle with bugs in our eyes, etc. So we have to take a, shall we say, more measured approach. In this case, with EFNT, I'm counting on a three-ten day pattern to get me out of the doo-doo I stepped in by buying before earnings (see DELL, ORCL, etc which took even longer). Basically boils down to old saw: don't buy any stk unless you have a solid co. (if you can't handle TA and I can't)