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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 (119221)12/15/2000 12:16:39 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 120523
 
are you long or short on RBAK?
eom



To: Jenna who wrote (119221)12/17/2000 7:25:15 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
SCMR with a P/E of 1,839 I'd also be looking to short any rally. Other plays in the sector JNPR, CS and RBAK still looking blimpie and candidates for more short selling if not in the morning session on Monday, than sometime later on. With a Wednesday selloff already incubating.



To: Jenna who wrote (119221)12/17/2000 7:25:48 PM
From: Jenna  Respond to of 120523
 
CORV we were lucky when early buy stops in CORV that did not trigger in the morning, triggered later on in the session, but I would not put any money down on CORV continuing this new-found upside on Monday. Still looking for short bait on any rally in this and a number of other plays.



To: Jenna who wrote (119221)12/17/2000 7:30:54 PM
From: Jenna  Respond to of 120523
 
AMZN bad press in Barron's, kerplunck. CORV we were lucky when early buy stops in CORV that did not trigger in the morning, triggered later on in the session, but I would not put any money down on CORV continuing this new-found upside on Monday. Still looking for short bait on any rally in this and a number of other plays. However, we are coming into Monday with NO short plays a number of call options for possible morning or later reveral period profit taking. I would not be a chump and go into a possible rally with too many short or long positions. We will have a little rally probably between christmas and New Years since most of us won't be around anyhow and when there are few traders (like Thanksgiving, markets tend to rally).. January I don't expect much of a January effect in light of the earnings season and for February. I'd not be too excited about holding long positions in February.



To: Jenna who wrote (119221)12/18/2000 12:52:36 PM
From: Jenna  Respond to of 120523
 
BIG MOMMA EXFO has had a crew cut and could still take out 25 1/2 the low of the day. GSPN, SAWS, EXTR, CIEN the sector is being given crew cuts which will more than likely continue until the muliples that are still triple digit will decrease. Message 15028802 I would wait till the 2:00 reversal period as EXFO has taken out the entire gap up this morning EXFO now trades at a 56% Premium PE Multiple of 76.5 times earnings.. after this haircut.



To: Jenna who wrote (119221)12/18/2000 1:04:09 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
<UPDATE> covering shorts here especially RBAK, BRCM.. and SAWS looks like 45 is its support level. Longs: Watching Stock #7 today's WL, Stock #6, Stock #5.. #10 triggered long at 91.. Watch List December 13: #2 will trigger above 28 1/2..