Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Riley who wrote (25403)	2/22/1999 12:34:00 PM
From: Jenna	of 120523

NEWZ..<<ALERT>> ROSI.. Our two "Israeli" stocks are breaking out from today's watch list, #9 and #4.. ROSI is a stock that was on my watch list about 2 weeks ago and did rather well as an 2 day hold. Earnings are coming tomorrow before the market opens and the Earnings anticipation is now reflected in the stock It had 43.6% growth for the fiscal 1997-1998 and 48.7% growth for the 1998-1999 season. Technicals for ROSI: MACD was bearish coming into today but the Relative Strength has now turned bullish. Resistance is at 12 3/4 and the stochastics are oversold. Perhaps a pretty good posititon to be in before earnings. I've never held this as an earnings play before so caution should be exercised since ROSI is still trading below its 50, 30 and 13 day moving average. NEWZ. I've been long NEWZ before and see if it trades above if it holds above 10 is a buy because 10 is resistance.

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