SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (15507)9/24/1998 12:10:00 PM
From: Judy  Read Replies (2) | Respond to of 120523
 
Jenna, do you have any news on LOW for its drop this morning?



To: Jenna who wrote (15507)9/24/1998 12:24:00 PM
From: Israel  Read Replies (2) | Respond to of 120523
 
Picked up some QOLJX, ONSL 22.5 Oct. calls. 1 3/16 Sympathy play to EBAY.
Fingers crossed..

Happy Trading,
Israel



To: Jenna who wrote (15507)9/25/1998 1:12:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
IDTC, and ABTX ... Important technical information.. both about to report earnings..
both have been excellent performers in last 3-4 trading sessions, IDTC is a Market Gems Newsletter pick as earnings play and ABTX was a Market Gems Watch List pick but...

IDTC.. is starting to look overbought. I agree that the trend has plays, but I'm concerned about it looking overbought. It was up a lot on 'anticipation'. I would wait up to the close before deciding whether to sell into strength or hold through earnings.

ABTX. This one's technical picture looks a little better to me.. Trend reversed..although it is also OVERBOUGHT, it broke a triple top P&F yesterday. and it's trading at the high of the day.. I like this one for earnings. Now the MACD histogram and stochastics are screaming overbought but we have a delicate situation here of an expected good earnings report. I would have preferred if you traded both these stocks on anticipation and held for 2-4 days before earnings but it's your choice.

Common to both of these stocks is the market climate going into the close and the situation beyond the technical picture. If the market is euphoric again next week and I think there is a good chance it will be next week, these both will be caught up in the euphoria...