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

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To: Bob Biersack who wrote (102946)6/19/2000 3:36:00 PM
From: Jenna  Read Replies (2) of 120523
 
TTIL entry was 28 1/2, resistance broken at 30. There might be a pullback in TTIL because its stochastics are a resounding 96 but like ELNT I don't expect it to be a large pullback. I would hold until the stochastics have actually turned downward and not just because they are overbought.

KEI was overbought for weeks and it did me no good to go short even after KEI's stochastics were up to 94 and started to turned down (when I shorted) KEI was up this morning and now its up 8 5/8. Stochastics are now sloping down but I'm still not going to short KEI.
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