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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 (20072)12/18/1998 1:49:00 AM
From: Michael Berkel   of 120523
 
EFII will most certainly benefit from the January effect once that kicks in. Although there is an overbought indication, I wouldn't bet on a serious pullback for EFII unless general market conditions
deteriorate. And remember overbought on a chart doesn't necessarily mean that the stock will go down. I see Institutions buying back this puppy.
We have a winner here.
Happy trading!
Michael B.
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