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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: Northern Cougar who wrote (41289)5/20/1999 9:09:00 PM
From: Jenna  Respond to of 120523
 
NC.. the basic difference between me and you is that for me 'next week' is eons away. You are nicely hopeful and I see tigers behind every door, but that is just until July.

I think the general June malaise is coming over certain stocks in the internet sector, yet of course it's like a tornado only destroying some while others are going their merry way along like with no care in the world. I know one day NITE will explode up and it could very well be tomorrow morning but I still would rather lose a 2-3 point gain for late entry than stay exposed for more losses. When it starts up, 2, 3 or 4 points will be totally meaningless in the ensuing frenzy of acceleration (like SWS).. but I'd rather wait a bit longer.

I did not hold IDTC so far, coming in late and getting out with a fractional loss. But TECD looked better. I misjudged IDTC because I thought earnings would be out and the momentum would accelerate but it didn't. I'm very bullish on trying it again.