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


To: trader_joe who wrote (5943)3/6/2001 11:23:19 PM
From: Jenna  Read Replies (2) | Respond to of 6445
 
Don't hold tech stocks (period) there is no reason now to hold in the pre warning season. Also I have usually a put play to offset any earnings problems that may come out after the close. Many traders are aching to hold, but there is only consolidation of gains into the close as you can see with the short positions that are setting up. There is the chemicals sector we have spoken about today.. some like EMN, MEOH and CCMP were fine performers. We also are expecting some more pullbacks in retailing and might nibble there after a further pullback. Financials are not looking good, my oils were fine but I closed them. The health care is good for a day or two, biotechs are horrible, they DON'T last. Hey aren't you a crusader or something? Anyhow welcome to the thread.