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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: Jenna who wrote (105724)7/5/2000 3:50:44 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
NEWP, IMNX looking like a recovery here.



To: Jenna who wrote (105724)7/6/2000 10:57:27 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
INCY short 92 3/4, covered 89 1/2. ELNT ordinarily I'd have no qualms about holding a long position (stopped out with a loss of 2) but now the short position is taking hold and with earnings next thursday, ELNT will be highly volatile in the next 4-5 sessions and I'm trading it in direction of the prevailing trend and not second guessing it. At this point I'm letting my shorts run. The thing to do is try to let "anticipatory upswing' to upside rule and if there isn't any then a short or doing nothing might be the best strategy.