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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (100948)6/6/2000 4:47:00 PM
From: Long John   of 120523
 
INTU looks like it is setting up for another run. Look at past performance after earnings. It goes up for a couple weeks like it just did, then corrects for a couple days, then starts another uptrend. The close below 39 today was a healthy break for INTU. I will try to be patient and wait another day or so before buying, but it still looks like such a bargain here at P/E of 15 and so much upside potential. Next resistance appears to be 47 where it opened on 4/10.

John
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