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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: Jenna who wrote (12673)8/7/1998 12:48:00 PM
From: j g cordes  Read Replies (1) | Respond to of 120523
 
Jenna, I'm looking for a similar pattern as the June 14th through 23rd period.. rebound from oversold that forms a triangle with smaller occilations. This rally is targeting the two most oversold groups.. semi and oil, letting the compounded compression of the last months' selling bounce a little. Its probably a beter environment to write puts or calls for some premium disipation while the bumps settle.

That should bring us into expiration week with some crossed expectations as Clinton is supposed to speak about the benefits of Scotchguard.

Jim



To: Jenna who wrote (12673)8/7/1998 1:12:00 PM
From: Jenna  Respond to of 120523
 
CENT (+17.5%) another highlight of the Market Gems earnings plays newsletter today. Message 5431842 closed at 21 3/8 gapped up to 23 and went to 26 3/8. This could be the beginning of a renewal of the rally in the retail sector. (PSUN,CENT)

WFMI.. is rebounding. It has now become important to watch some of the companies that had a problem after their report or some irregularity cited caused them to tank but will now rebound.


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