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


To: Jenna who wrote (6002)3/7/2001 2:36:07 PM
From: Jenna  Respond to of 6445
 
Still holding those DPMI, CCMP short.. possible short set ups today for ONIS: marketgems.com and will be reshorting ONIS after that move down from the 20 period moving average.. bye bye ONIS.. QLGC was a great short and maybe more right here after this drop from a small ascending triangle on the 5 minute chart.. today SHORTS and LONGS powering together.. except MERQ.. still doesn't look like a short waiting for a definitive move off the 20 period moving average and the Stubborn MACD and Stochastics are still bullish.



To: Jenna who wrote (6002)3/7/2001 3:28:35 PM
From: Jenna  Read Replies (1) | Respond to of 6445
 
► PALM one of our earlier triggers after a cup and handle breakout on the 5 minute chart... PALM is looking pretty good, still not convinced however to hold overnight.



To: Jenna who wrote (6002)3/7/2001 3:29:27 PM
From: Jenna  Respond to of 6445
 
&#9658; <font color=purple> GCO Earnings Play

Genesco Reports Fourth Quarter Sales Increase 28%, EPS Up 31% to $0.59 Before One-Time Charges
Fiscal 2001 EPS Rises 41% Before One-Time Charges
NASHVILLE, Tenn., March 7 /PRNewswire/ -- Genesco Inc. (NYSE: GCO - news) today reported results for the fourth quarter (14 weeks) and fiscal year (53 weeks) ended February 3, 2001. Earnings for the quarter were $15.1 million, or $0.59 per diluted share, before discontinued operations and one-time charges associated with the previously announced termination of the Nautica footwear license. These earnings increased from $11.3 million, or $0.45 per diluted share, for the fourth quarter of the previous year ended January 29, 2000. The one-time charges associated with the Nautica closedown totaled $2.7 million, or $0.10 per diluted share, after taxes. Net sales for the quarter (14 weeks) increased 28% to $214.2 million from $167.6 million in the fourth quarter (13 weeks) a year ago.