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: kha vu who wrote (60321)	9/9/1999 1:38:00 PM
From: Jenna	Read Replies (1) of 120523

Compare the 5-15 minute chartsof stock #11 and stock #6.. very nice.. ADX rose above the DI and OBV on CLEO is rising nicely. #3 looks to be burning out after perfect continuation of yesterday's uptrend..Also check Stock #7's perfect chart action yesterday from about 3.. perfect case of breaking out of consolidation on high volume, rising adx and +DI and -DI with a large spread (the larger the better).. the trend did continue today until about noon when the -DI crossed the + DI with down sloping ADX.. and MACD sinking below the center line..not a good sign for stock #7. But if you are long this one intermediate (I've been long this one through some wild times since 1996, but never traded it or had on a watch list before, its a wonderful company it was as high as 40 and as low as 4 and I only sold it twice, with only a few hundred shares)...

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