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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 (72486)11/19/1999 1:22:00 PM
From: Jenna  Respond to of 120523
 
Again on Stock #4 11/23.. retracement and entry look good at 42 but it did reach a 52 week high already so I'd be cautious. Look at news that came out today. Institutional buys (80 block trades today alone) have been all this week and if you are worried about a small sell off, I'd hold off holding through earnings (after the close on Monday), but this stock has legs and should hit higher highs. I would NOT be put off a 52 week high but for the actual hold through the report, but I'd be very ready to acquire this 'winner' if the report pans out as it has for the past 7 quarters.