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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 (103592)6/22/2000 10:02:00 AM
From: Jenna  Read Replies (3) of 120523
 
#10 June 22 triggered on 5 minut chart, Covered AKAM 115.. Covered FIBR 87 13/16. marketgems.com Technically Stock #10 was a buy when it took out 35, yesterday's high, but nasdaq futures and the market was trading down the first 15 minutes and there was risk of a pullback buying too soon. Waiting 3 5-minute bars is okay if you are a fairly experienced trader with instant executions at your disposal. If not than 3 15-minute bars will give you a chance to see in what direction the market is going, as well as the stock.
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