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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Chris Belk who wrote (1976)	1/17/2001 11:45:19 AM
From: Jenna	Read Replies (1) \| Respond to of 6445

ONIS earnings out February 8 much time. ONIS hard question simply because ONIS is also before their earnings and has had some positive news lately.. We are in the mode now that these once POS stocks are really starting to come to the head of the class. I have to recheck earnings dates and we'll see. ONIS is overbought on the daily chart and if earnings are comfortably away (like next week we could have some correction) BEAS and RIMM might be better short plays because both are still overbought blimps and RIMM is finished with earnings and BEAS has been downgraded a lot. I'm certainly not sad in ONIS. My last position were over 5 short positions, but the end is the end and we can change direction easily. ONIS was upgraded on January 11 which is when it began to be a long trade for us. I've read all week long (since the 11th) how the short traders were poking fun of the ONIS longs.. and see that we can't be influenced by those die-hard shorters that even if the stock's upside is staring them in the face they are still shouting their boring monotone of sad long holders.. We will exit ONIS when we have surfeit and a pullback and not when the shorts tell us to.