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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: Andrew G. who wrote (91924)	4/6/2000 9:53:00 AM
From: lee kramer	Respond to of 120523

AndrewG: A Kant reader! Your points are well put. I just shorted more QQQ. The Dow and NASDAQ flew in the first few minutes. I suspect they'll come back. (Lee)

To: Andrew G. who wrote (91924)	4/6/2000 10:52:00 AM
From: Doug Robinson	Respond to of 120523

How do you take a profit on gappers if you closed out the day before? Interesting factor that everyone that exits forgets about. Of course, you will always find some posters that forget that's what they recommended the day before. If you are out do you chase? Do you wait? If the market moves up over a short span of a week, do you chase, wait or what? You will find a lot of people that were out all of sudden got back in. Never ceases to amaze me.

To: Andrew G. who wrote (91924)	4/6/2000 10:56:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

Andrew take a hike.. did you get burned too badly lately with your biotechs.. Did you come to disrupt? I am happily in a new tech portfolio (PHTN, TLGD, FLSH,FLEX, ELNT) more than half what I had before without the losses but all the gains. Plenty of biotechs were still ripe for the picking like ABSC and NPIX (a tech stock I was wanting) was a steal this morning from March 29 watch list. Only I did not buy it at 40, I got it at 25. You're attempt to keep out traders and keep the biotechs up forever will not succeed. THERE WILL BE PROFIT TAKING. And by the way they weren't 10% profits they were 18-40% so keep your math straight. What will damage (your word destory shows a deep fear, I have no fear) the market will be pouring too much money into the biotech sector until it spikes up and crashes again. I might have missed part of the rise today but I'm short CEGE, YHOO and GLGC since I missed the highs today. All the same I'm long SANG, ABSC. The market did not drop because swing traders took out their nifty 20-200% profits, it dropped because investors panicked and sold in boatloads.