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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: LastShadow who wrote (12485)	8/4/1998 11:58:00 AM
From: John J H Kim	Respond to of 120523

Geez. Buying anything in this market is like fishing for Baracuda. Sure you may have a good catch...but theen it can jump up and bite you where it hurts.

To: LastShadow who wrote (12485)	8/4/1998 12:13:00 PM
From: Jenna	Respond to of 120523

Barracuda? yes, You have to figure that you might 'grab' a quick profit in the first hour or so. Signs that stock move up you pluck the best ones but fully intending to get out quickly. Usually the quick movers are the best bets (i.e. internets, large cap techs, etc).I was going to pick up some ELNK options but noted the large volume of "puts" versus "calls" on the ELNK options and I balked. There were not as much "put" volume on the MSPG options for some reason. It's important I feel to have some sort of 'stake' in the internet sector for tomorrow so as not to miss out if the sector soars, even temporarily. It might be too late tomorrow as I did not have right timing to get into CMGI today no matter how hard I tried, although I did a tad better with MSPG and AMZN.