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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 (102907)6/19/2000 2:04:00 PM
From: Jenna   of 120523
 
EXTR called on Friday.. from May 31 watch list and also the June 12 called on Friday a second time up from 44 to a high today of 93 9/16. A good strategy is to watch the same universe of stocks for a longer period instead of looking for 1 day wonders. Cumulative gains from swing trades (INCY,MRVC,TLGD, ELNT) have been more successful than 1 day scalps off the nasdaq most up list. I've reset my targets and breakouts for EXTR 3 times in the last 2 weeks and its better being prepared for EXTR and 'setting the table' for a buy than any new stock that might come off the 'news'.

June 12 Watch List

10> EXTR - EXTREME NETWORKS INC .DAT
Price= 82.1 VL/30= 134.7 %Rnge= 85.0 Sto9V= 93.2
W14dV= 68.0 %Hi4 = 100.0 1-Dy = 109.5 50MA = 132.8
21MA = 142.1

May 31 watch list

2> EXTR - EXTREME NETWORKS INC .DAT
Price= 44.1 VL/30= 94.5 %Rnge= 52.0 Sto9V= 9.9
W14dV= 35.8 %Hi4 = 65.4 1-Dy = N/A 50MA = 63.0
21MA = 77.9
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