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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: Charliss who wrote (19412)12/1/1998 8:19:00 PM
From: Starduster  Respond to of 120523
 
Just picked this up a few minutes... This is from the EGGS message board 5 minutes ago:

"CNBC just reported that Nasdaq has confirmed to them that it does not plan to increase margin requirement for the internet stocks. CNBC stated that the rumor of Federal Reserve pondering increase in margin requirement was started by the short sellers who wanted to cover their position at a cheaper price. This means that internet stocks should be soaring tomorrow. I hope the people who sold their positions based on the above rumor feel stupid and complain to the Nasdaq and CNBC for their extensive reporting on this rumor but yet they only gave 15 seconds to say Nasdaq has no plan to increase margin requirement."

Gary G.

Jenna, what effect do you think if this is true that it will have on the over all market tomorrow? I see Japan is up so far this evening?
S



To: Charliss who wrote (19412)12/1/1998 11:08:00 PM
From: Jenna  Respond to of 120523
 
Time is 11:00 p.m. I will have a .txt (text) only version of the watch list by 11:30 p.m. No chart, news or anything.. I have pages of notes and charts that would take me at least 1 1/2 hours to organize especially if I want to include some of it on the watch list. So I will upload the text file and figure that about 1 hour or so later, the 'revised' and complete version will come out. This is because there was a nice amount of stocks that 'passed' nearly all 6 criteria.. including volume/institutional interest and even at low end of their trading range and about to break out.. You might want to check out your own DD... In the future I will upload it all together.