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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: MrBuzz who wrote (117035)11/20/2000 2:09:54 PM
From: Dave Gore  Respond to of 120523
 
EBAY is a relatively minor play for me. I might make a grand or two or lose $300-500 with my tight stops. Not worth talking about. Currently up about 3/4 since I bought it.

You might want to do some some research and see how many stocks fared when they had a fallout. It's not about making a ton of money on any trade for me, but if you can average $200-500 a day on average, you're not doing too badly.

SOME EXAMPLES:
RNWK hit $13-ish about 4 weeks ago and rallied to $26+ in a couple weeks.

CSCO when it hit $46 intraday a couple weeks ago and then rallied 9 points or so.

PKTR when it fell to $16-ish last week and rallied to $25-ish the next day.

NT when it hit $32 late last week and rallied to near $36 today.

NVLS when it hit $28 a week or two ago and rallied temporarily to $35-ish a couple days later.

ORCL double bottom at 25- then run to $29-ish within a day or so.

EXDS going from 26 to $34+, then $26+ (intraday) to $31+, today 26 to 26-5/8 so far.

BEAS has been particularly wild. Look at the chart. It has crazy valuation but lots of people still love the software sector and BEAS in particular. So stocks like this are tougher to analyze from a fundamental standpoint, so T/A becomes more important.

etc

Buzz, if you are willing to stick your neck out with better strategies, I'm all ears. I have learned to keep an open mind. What are your SPECIFIC recommendations here?