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: Jenna who wrote (98284)	5/18/2000 1:24:00 PM
From: Jenna	Read Replies (1) of 120523

CORL.. covered the short for 20% gain. Reminds me of my BYND short from 6 1/8, but I didn't hold that one to 2 1/32 ;-(. I think CORL might join BYND but it could 'rebound' for a dead cat bounce in the meantime. Stock #2 on yesterday's watch list triggered twice yesterday and today its tested 31 1/2, the highs of today and yesterday. Of course the chart looks like a downtrend with stairs up between, like other tech charts, but the 'stairs up' are usually steeper and are about 25% a 'bounce'.. If it breaks 31 1/2 AND the nasdaq moves up we might get a few more points in the next few sessions. I wouldn't chase this one or any stock just put in a buy stop and set a stop immediately if you you get stopped into the trade.

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