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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: Pierre who wrote (8616)	4/27/1998 10:52:00 PM
From: LastShadow	Read Replies (2) \| Respond to of 120523

Responses: Setting stops on the Position Trading Account would be premature at this point. One day will be inconsequential. The reason is that the position trading stocks are already in the lower range of their quartile and should be held for growth and not daytrading rebounds. If you are concerned about some in particular, email me them and the entry price. As for the WSJ, the problem is that Rubin's comments said "if the Asian problem intensifies" for which no one seems to think it will. His comments, and th Asian markets subsequent positive reaction leads me to believe tomorrow will be a nice rebound - not that that means further corrctihon won't happen later this week. Was it timed? Was it a leak? That seems to give them credit for collective intelligence that history dictates. Does it matter? Traders dumped on the report and the foreign markets, and that means they will buy tomorrow. By the way, how the heck did I miss seeing BORL's great climb today. NAVR's chart looks horrid.