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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: jjetstream who wrote (33)5/21/2000 3:39:00 PM
From: SirRealist  Read Replies (1) | Respond to of 24256
 
Earnings runs have been very tough calls lately. Many peak 2 trading days before they release (if they release after the bell; if they release before or during the day, the peak is 3 days early). Only a scant few go up in the final 2 days and the truly rare go up post-earnings.

This is not the pattern typical at all times, but since 4/14, it sure has been the case. I sold INTU near 30 Friday though I think it may have enough to reach 32 near term. A company like this will certainly move higher once the market gets past its malaise. PUMA, too, is a company that should go higher, yet I can't hope for more than 30-36 near term.

Best of luck, Steven !