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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: Shane Venem who wrote (12622)	8/6/1998 4:43:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Shane...<<Market seems to be looking away from high multiple stocks and toward the already beaten down>> Shane are you psychic? I was just going to say that I had CA on my watch list about 2 days ago and it hasn't stop accelerating since then. That is why every day when I post the list I readers to keep the previous list because these stocks are well-chosen and are poised for a breakout. If not today then tomorrow. A good deal of these stocks were of the sort you mentioned. Also I noticed that DOSE, IRF, DRTK, GMGC (from Instock) did the very same. Two more variations on that theme are stocks like DRTK. I thought it would perform better on its report but it was unimpressive in the days and through its earnings report. It actually provided a great buy opportunity in the last few days as its been recuperating vastly. The buy signals I never got while watching it BEFORE earnings turned into buy signals AFTER it was smashed down. Another variation are the earnings winners like TKLC,CPWR, that did great on their report and moved today as well. SMOD did very well in the last weeks also. I chose to purchase CBR today for the reason that the chart seemed to show it was so knocked down that perhaps it will now increase like the rest. It is a good observation. There is more upside in a beaten down 'fundamentally' sound stock than one with high multiples that probably will have a short-lived rally.