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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (7405)4/9/1998 11:01:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Tom.. it is easier to play an earnings stock than any other. Experience (unfortunately you have to undergo bad plays) shows me that the anticipatory play will be a rather hefty scalp of over 1 point (note: BGEN same thing. I got over 1 point on the worst day for the market this month. Today BGEN was in line with estimates, it is uneventful and lackluster. ) It is hefty because positive anticipation (or sometimes negative) causes unusual volume both in the stock and option. You can play this profitably.

YHOO will correct and then upswing again and provide ample opportunities for substantial intraday trades.