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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: Jeff Jordan who wrote (117833)12/1/2000 2:32:56 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
TIBX,NUFO and IWOV look like short bait. Yesterday we shorted IWOV near the highs and within minute it was down 5. Today was a rally so IWOV and TIBX got swept up in the 'high'. You see why I changed CORV to NUFO after that post. CORV seemed to have moved a lot and NUFO looked a little hotter.http://www.siliconinvestor.com/readmsg.aspx?msgid=14918912

They were good this morning, but so was NUAN, NUFO and CORV, yet they should be pulling bafck into the 3:00 reversal period. It is highly unlikely just from my limited experience on the long and short end trading all of these long and short, that TIBX can hang onto these gains. The TIBX puts are dirt cheap at $2 for the 40's and the 35's at just 1 buck and worth a shot... You can be holding onto the long position nothing wrong with that..but I would be prepared for a boink on this group come next week.