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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Chisy who wrote (160)12/29/1999 4:13:00 PM
From: Jibacoa  Read Replies (1) of 1404
 
Chisy:

GEMS: Nice break-out above the Dec.13 H. (9 1/4)
Today's H at 2.25PM (12 3/4) tested the resistance from last year's Summer at the 12 3/4 to 13 level. The stock should accelerate the upward momentum when it can close above 17.

I sold MAWI today at 25, it was getting too overbought.

Bought some AMSWA and QTEL. Watching ZMBA, which it seems overbought, but still long. GMGC starting to move. Bought some INPR at 10. Remain long on SEEC which is moving well.
Also long on ELOT.

The NASDAQ made a new record. The Dow weaker at the end but still on the plus side.

Good luck

Bernard
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