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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: Johnathan C. Doe who wrote (10972)	7/3/1998 1:00:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

I agree with you Johnathan but, I wouldn't care to compare the explosive growth of the internet with the problems sectors like the D drive sector, networking sector and other tech companies face, especially with the exposure to Asia. It doesn't seem fair in a way that the internet sector doesn't even have earnings and if the tech sector fails by 1 or 2 pennies or has any kind of shortfall their stock gets shaved by 30-50%. Mine is not to analyse, rationalise or prophesize. I have no real loyalties and I tend to agree with Tim that the best way to play is to be out at the end of the day. This is the best way to take advantage of any rotation or change of favor in the sectors. I've left the oil service sector after 18 months of realizing very good trading opportunities. I've latched onto the retail sector the entire 6 weeks the techs and dow were undergoing that minor correction. Guess you can call me the 'trading leech'.. I'm on the sector where I can suck out the most profit. My main divergence from daytraders is that I do like to swing trade and hold a position for 1-5 days. I like to use fundamental analysis for my trades as well as TA, and I also love the New York Exchange and finding companies like TOK, CDO, CCL, BKE, EMC, TYC give me the diversity I like. If the internet sector crashes, I might lose 4-5 points or so, I'm ready for that. The gains will always offset the losses simply because, except for LCOS this afternoon, and some holds with ELNK,NSOL, I'm mostly out of the trades by the end of the trading session. I still maintain a long term portfolio with fine stocks like WCOM,MSFT,ONE,ERICY etc. but even those I rotate every couple of months. I've seen too many people stuck with 'losers' and waking up to their stock not meeting expections to change my trading style. July is upon us and already I've begun to isolate the 40 or so companies I feel will either beat estimates or at least have enough 'anticipatory upswing' to make for a great trade prior to earnings. A few of them are tech stocks, some are software, others are small cap but most of them are companies like SFSK, TRV, ORBI, NRVH, ATI etc.