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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 (97312)5/11/2000 9:56:00 PM
From: Long John   of 120523
 
In looking for good intermediate holds, I am finding stocks that have not corrected severely over the last month. I noticed some recent earnings plays like this - DLTR, IDTI, BBOX, TEVA, PWR. They have been in strong uptrends for months (except TEVA which began a new uptrend a month ago), staying within their regression channels, and usually staying above their 50 DMA. I do not see them breaking below the channel but only temporarily, and then they make excellent buys.

I'm sure there are more stocks fitting this pattern. If you find them, buy them at support, they should do just fine. Oh, BBOX and IDTI are at support right now.

John
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