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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 (71132)11/12/1999 1:02:00 PM
From: hjz  Respond to of 120523
 
Jenna, You are right about the shorts. Here are the stocks that I have seen the shorts get crushed. PPRO: shorts were all over this one in the 90's it is now trading at 120's. JNPR: shorted in the 260's, now trading at 280's. ARBA: shorting in the 180's now trading over 200's.

Now I am not sure about anyone shorting QCOM but if I would love to hear from the honest trader who admits to shorting it in the 260 range when it was starting to weaken last week.

Imagine if you bought on every dip in QCOM in the last 6 months. I am beginning to become the follower of some of those famous stock market gurus who say pick out 5 or 10 of your favorite stocks and buy on every dip when everyone else wants to sell because . When I look at stocks like QCOM, CMRC, JNPR and ARBA buying on every dip would have provided a trader with incredible profits. That seems to be the way to trade in the market these days.

HJ