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: Scrumpy who wrote (72684)	11/22/1999 1:50:00 AM
From: Jenna	Read Replies (2) of 120523

TFSW is at a peak near its 52 week high, but SSSW is correcting nicely already down from a spike over its Linear regression line at around 92.. Still has bearish engulfing pattern and I'd hope for an entry around 70ish after it gets back to its LR line. MACR I'm always in or out of that one and after its present correction at about 60 ish. Every thing about MACR from its technical rank to its fundamental rank is pretty near perfect. You have a natural correction and MACR will be good for another 10-12 points. INTU is another lovely stock that just broke above an ascending triangle to the upside, reached a 52 week high and began to correct, all before earnings. This is the first earnings report that INTU is this close to its 52 week high. Any more correcting will have to be done tomorrow so its more difficult to determine if INTU is one to hold through earnings which I usually do. I'm looking more towards their next quarter which is always their best (second quarter)..

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