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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (10224)3/7/1998 12:05:00 PM
From: marc chatman  Respond to of 13456
 
>>no earnings now means (obviously) the promise of earnings in the future, and your stock price will SOAR!<<

I guess things will continue to soar until the funds start to run low on cash -- or until they have some alternatives in which to invest. But rebound days like yesterday just encourage people to pump more and more money into the market.

I found what I think is a nice short. I shorted GTW yesterday at 38 3/8. The stock was weak all day in the face of that 41 pt. Nasdaq gain. I just got lucky (at least for the moment) with the CPQ announcement.