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

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To: nokomis who wrote (71108)11/12/1999 11:49:00 AM
From: Lane Hall-Witt   of 120523
 
I'm hoping that CNQR attracted enough shorts this morning to sustain the kind of short -> cover -> short -> cover pattern that has driven so many stocks (PHCM, CMRC, etc.) to higher levels. I bet the quick run from 27 to 30 in the midst of the morning selloff brought some shorts in on the upticks.

Even if the shorts didn't jump in, CNQR at least unloaded Tokyo Joe's crowd and began the consolidation process it needs in the wake of its recent gains.
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