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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: acuransx_2000 who wrote (3669)2/2/2001 12:10:07 PM
From: Jenna  Read Replies (2) of 6445
 
<UPDATE> Shorts are dynamite, EMBT little lone perk is doing very well, we also holding the OXHP earlier trigger.
QCOM is moving well but in this market climate we are limiting so far exposure to longs. KLAC is tightly entombed between the rising 20 day and the falling 200 day moving average on a bearish engulfing today, KLAC is a short since yesterday and if it drops below 43 could have downside continue to 40 1/2 which will be a 62.8% retracement from the 4 week high (48 9/16) I would expect it to stabilize before 35 1/2 the four week low.
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