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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: The Perfect Hedge who wrote (22564)	1/20/1999 4:10:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

holding CLFY..BVSN (half of it), MXTR, FSFT,SPGLA I think the techs are getting toppy and the internets correct pretty quickly so we might have a turn around in the internets still this week. If they don't turn I might get into puts tomorrow. I don't like to get into puts after the stock has tanked (i.e. AMZN, YHOO ) and the tick is turning up and volume is increasing. The time to get into puts would have been right before YHOO's earnings report but I was not tracking the tick all day at that time so I didn't do it. Index options puts are easier than internet puts at least for me.. Just like the optimum time to get into index option puts would have been when market was up 70-80 knowing it was toppy to begin with. But I think there is some downside left in the DOW so we will wait for tomorrow.