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

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To: hjz who wrote (66774)10/18/1999 8:04:00 PM
From: Jenna  Read Replies (3) of 120523
 
PHCM... As long as you don't short it and expect it to go back down to 50 or buy a few thousand shares thinking it will go to 250. This is a gem, all you have to remember is that, like Cinderella you have until Midnight (not literally) but just don't get carried away long or short or you will turn into a pumpkin. You have to be satisfied 'picking out chunks' of 10-20 points because it never corrects for long. I have only lost once on this one when I went short and it soared, and that was temporary and fixed the next morning. I have over a dozen trades in PHCM and although I never got the 400% (discovered when it was 46).. it was one of best trading stocks since BVSN, even surpassing KIDE. It's been good for about 16 short but over 40 long in just the last 7 or so trading sessions. Anyone who was short this one 7-10 days ago without covering was down over 45 points, that's how it was.


Date Open High Low Close Volume
15-Oct-99 203.125 206.125 197 199.75 1,133,200
14-Oct-99 223 224. 209 212.50 1,344,500
13-Oct-99 210.625 225.875 209 218.50 1,535,000
12-Oct-99 204.875 228.875 204.25 214.8125 1,940,700
11-Oct-99 183.50 207.625 183 205 1,135,000
8-Oct-99 191.25 192 179.75 179.9375 636,800 179.9375
7-Oct-99 177.875 192 175.125 190 1,525,600 190
6-Oct-99 157.50 176.125 155 174 1,236,700 174
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