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


To: Dave Gore who wrote (5687)3/2/2001 9:36:43 AM
From: Dave Gore  Read Replies (1) | Respond to of 6445
 
NQ's look limit down, so you can't trade off them. Watch TRIN, TICK, COMPX, etc



To: Dave Gore who wrote (5687)3/2/2001 10:04:41 AM
From: Lane Hall-Witt  Read Replies (1) | Respond to of 6445
 
Dave: I've been trying to figure out what happened with AMCC yesterday, and I'm coming to the conclusion that it was the sheer novelty of its CNBC pre-announcement that contributed to the big bounce. I think a lot of people just said to themselves, "Wow! That's cool -- AMCC just warned on CNBC!" You get a few buyers in there to panic the shorts, and it's off to the races.

I bet some CEOs out there are thinking that AMCC rally was very interesting and are probably trying to line up their own CNBC pre-announcement specials. It'll be interesting to see how many times this tactic works.