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

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To: marilyn who wrote (100956)6/6/2000 5:39:00 PM
From: Jenna  Read Replies (1) of 120523
 
ARIA.. probably down in short term, this has happened before in biotechs,. Funding has to be maintained but I would think it means more money in the long run. ARIA will probably give back tomorrow because of its huge gain in 6 sessions (not unlike SCII) following 4 breakaway gaps (not giving back much really until mid-day and still good for 3 points intraday).
Today was a breakaway gap as well, but indicators when it moved back down to 24 were a weakening in the trend. ARIA wants to move up, that's obvious.

In the long run, I'd buy it back. Fluctuations in this stock have been phenomenal. Some investors have held since 30 or 40 hoping it will return to previous highs, I just got in for as much as I can get.
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