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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: Connor26 who wrote (102887)6/19/2000 6:26:00 PM
From: KM  Read Replies (3) | Respond to of 120523
 
FWIW:

HAXS is my baby, been in and out of this one nearly every day for a year.

The market makers in it are very slimy. They short in the a.m. to buyers then bring it back down on no volume so they can cover.

Short interest is huge. It's much closer to the bottom than the top. It's a worthwhile hold IMO for a outsized gain over the intermediate term and probably not bad in the short term either.

I think a nice "investment" would be in the November 5 calls. Very cheap for the time value, and a even nicer buy on the market maker BS intraday.

Good luck everyone. This one was my biggest winner last year and I think it will be this year too.