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: Susan G who wrote (97459)	5/12/2000 5:34:00 PM
From: MrBuzz	Read Replies (1) \| Respond to of 120523

Homestore.com (HOMS) still heading up. Parker Drilling (PKD) still making new highs. Grey Wolf (GW) still making new highs. Not bad stock picking for position plays in a bear... MrBuzz whats-the-buzz.com

To: Susan G who wrote (97459)	5/12/2000 9:34:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

TERN, GNET shorts did well into the close. HWP.. was dying to post the short but lost my adelphia and mindspring link for about 3 hours. Lightened up even before the close as I mentioned but I'm still holding a 'basket of techs' 100-200 of the top of the litter. I don't want to be completley out of the game because I've got tons of e-mail from frustrated investors who didn't get out so I see the 'edge' even with the FMOC meeting. Anyhow I don't think it will be too late to short LCOS which was another choice but I just couldn't get it in time.

To: Susan G who wrote (97459)	5/12/2000 10:24:00 PM
From: Jenna	Respond to of 120523

Susan, its difficult because of the huge gains of our 'strong stocks with very wide intraday trading ranges' on rallies. Its so tempting to take the profits, then you have to consider those 'stuck' in stocks since March who are cutting their loses by 20% in some of the better techs and want out. Not to mention the Fed meetings. If you are invested in small amounts for the time being you won't get hurt too much and if you are worried than I would stay clear until Tuesday is over and done with. Shorts did well during these few weeks, as did longs in energy sectors, some pharmaceuticals, oil service, selected Dow stocks. The tech sector will recover but we should learn to take the profits next time and never let the 'speculative bubble' get that big without lightening up. We still have support at even lower levels and the lower we go, the higher we'll bounce when the time is right. As long as you don't find yourself getting junk and scalping for 1 point or less you won't find yourself supporting your local discount brokerage at your expense. Stick with companies that have great prospects, a niche in a sector, actual earnings and not a 'one day wonder'. Even great stocks can turn into 1 day holds, but at least you have the 'option' of holding them when you know their fundamentals and relative performance ranks in the last few earnings quarters and possibly even going forward.