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

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To: Cactusjac who wrote (66181)10/14/1999 1:21:00 AM
From: Jenna  Read Replies (2) of 120523
 
CMRC.. I wouldn't worry. They dance to a different drummer. (note how NTOP, CMRC and PHCM were down in an up market a week ago) I would hold through another few points in both PHCM and CMRC if I have to, I follow them both up and down and if I have to cover, its only to gain much more going up.. like today I covered for nearly 10 then went with the uptrend for some more, when the market was at its most dire, I shorted. I can't get too much because I fear a partial fill so it keeps me from going too far.

I never can get tops and bottoms but near enough. So I can give up 4 or 5 tomorrow if PHCM goes up another 10 or 20. Nothing else moves that fast and with such consistency. I don't trust the IPO's when they are new (although AGIL was good too), hate to get stuck in a MM war when the market is tanking so I leave those alone. I have amassed with PHCM a lot less than with NTBK because PHCM was 46 when I first got in while NTBK was only 13. I was also footloose and fancy free with NTBK but with PHCM it's too expensive and market is too volatile. CMRC is poor man's PHCM, and CLRN is also a good alternative.
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