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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: fftrader who wrote (91619)	4/4/2000 9:17:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

SCII.. A Microcosm of what happened in today's nasdaq I know you all have stories but look at this one!! One for the record books and not even a new IPO. Goes to show you which stocks will move up the most. Out of 56 earnings plays, they all moved up much more than the average tech stock. Do you really care if SCII is a 'holder' or not? Enough to get part of the bounty from this relatively cheap stock and you can leave SCII for the scavengers. Now we were all looking for our 'leading' tech stock to show signs of life. For me it was AMCC and AMAT for some of you it might have been something else. Once the undisputed leaders moved, the others techs got their cue from them. For tomorrow and the rest of the month we have to take it easy and let the trend be the leader. No bargain shopping but just put in buy limits (buy stops) and wait until the stock fall into your lap. Shorters will be squeezed but smart traders might use this opportunity for a possible gap up to make more 'easy money'.. We have seen that even good earners go down, but their resiliency is not to be compared with any 'pseudo-hiflyer' out there.