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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 (6021)3/7/2001 7:41:15 PM
From: Jenna  Read Replies (1) | Respond to of 6445
 
Tomorrow.. Every day i think the morning gap will get less and less sharp.. Stock positions I don't like..I used to say options are no assets, now I feel that stocks are no assets either, not just yet. A few options here and there but no exposure to more than a few calls or puts. This market looks good on the outside but its got claws. I would trade bigger positions intraday so we can get the MEAT.. and we are doing so more and more every day, less positions and meatier ones.. And everyone is hiccuping at the end of the session.. and ready to take a nap. I think today was good.. I think tomorrow will be better... longs and shorts but fairly even handed.

The retailers were really hot today, at least the ones I like and play. TGT did a good deed and lifted the earnings plays in that sector out of a correction.

Whatever happens to GMST.. I only have a small exposure.. The IBM is still sitting doing nothing waiting for the BIG day and short fall. Probably the only tech stock that hasn't called an earnings shortfall, but what the heck you never know until the BLUE CHIP sings what the song will be tomorrow. I haven't read any posts yet.. I'll be back a little later.. (BIG BLUE is doing well out of USA that is where their biggest earnings come from)