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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: mark joyce who wrote (18872)11/20/1998 10:03:00 AM
From: HandsOn  Respond to of 120523
 
CS has broken resistance of 13, should move up strongly from here to at least 15 near term.



To: mark joyce who wrote (18872)11/20/1998 2:57:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
BEAS is the 'catastrophe' I like to warn everyone of. Having had this happen to personally in ZBRA. (thank goodness it was only an option but at that time I had 20 contracts and lost about 4k) The stock was down about 15 points at the time.. this was about a year ago and I rarely held a nasdaq stock through earnings since.

BEAS had given a nice enough profit, having gone up over 4 points since Friday, selling and taking profits which is what I do would have been wise.. anything else is really very risky. Of course you will lose on potential 'winners' like I did with ADSK but I got a nice little profit on ADSK on Wednesday and I'm sure I'll get more out of ADSK in the next trading session and another one on BEAS since last Friday.. so I'm satisfied.

Don't forget BEAS will inevitably have a 'dead cat bounce' and recover somewhat and ADSK will stablize and then continuing upswinging so with patience you can play them both in time.