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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: Jenna who wrote (43246)6/4/1999 10:28:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
AOL.. If I had AOL, yes I would probably have held.. 8 (8 points out of 12) points is nothing to sneeze at. I would not get into puts on this one, since it might rekindle institutional interest and move up even more. Lots of daytrading options gave back doublebaggers today, this might continue into next week. Its better getting in on Monday when a trend is a little more established than blindly going short or into puts on the sector before what could be a rebound. I know there was a lot of 'crying wolf' on this rebound, but it is also getting closer to CMGI's reporting of earnings and I would not short or get puts on the sector, unless you are sitting in front of the computer with your tick charts and tracking every trade.