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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: Walter High who wrote (13256)8/21/1998 11:40:00 AM
From: Jeff Jordan  Read Replies (1) | Respond to of 120523
 
I think thats what we're all betting on now...market down hard.

DB 08:38 [ORCL] ORACLE CORP. UPGRADED TO BUY FROM HOLD RATING - SUNLOGIC SECURITIES.
DB 08:37 DOW INDUSTRIALS SINK 207.00.
DB 08:36 [CIEN] CIENA CORP. SAYS AT&T TO DISCONTINUE EVALUATION OF CIENA'S DWDM SYSTEMS.

Naz -50.27

Jeff



To: Walter High who wrote (13256)8/21/1998 11:45:00 AM
From: Wallace Rivers  Read Replies (1) | Respond to of 120523
 
But what would be the reason for a trader to hold a long position over the uncertainty of a weekend?



To: Walter High who wrote (13256)8/21/1998 12:09:00 PM
From: Jay Lyons  Read Replies (1) | Respond to of 120523
 
Walter-

INTC is swinging big with the market. Check out how it started to pull up 1 1/2 at 11:00, when the Dow was trying to bounce off 8400, and how it's mirroring the market now.

If (and I think a Friday afternoon turn around is a very big if today!) you get a 2:00 rebound, INTC might be the place to be.

Jay