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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 (67776)10/25/1999 11:58:00 AM
From: Jenna  Read Replies (4) of 120523
 
AGIL, BVSN.. watching these like hawks.. I never thought I'd see BVSN down, but AGIL I lost on my morning short and I knew I had to reverse. I would short AGIL but I'm still long cause its 85% of day's range, while BVSN is sinking to the 12% of day's range. Also called and long #1, #2 and #4 WL 25 but I'm nervous about both the AGIL and BVSN trades.

AGIL is close to a sell and go short because its still consolidating above the 10 and 20 point moving average on the 10 min chart, the stochastics are overbought and turning down, the ADX is up bu the +DX is sloping down. Mighty close here to sell and go short. But since I'm already long and slightly consolidating as I type I will wait for either a little more sign that the consolidation is over to the downside breakdown before I would go short.. I had to scramble to exit BVSN it was up about 3 and something and I got out with a little over a point and 1/4 and went short. AGIL was much easier.

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