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: Molly Mayhem who wrote (103759)	6/22/2000 3:31:00 PM
From: Jenna	Read Replies (1) of 120523

WL #3 and we did say to "Watch" it give it the test of 3 15 minute bars to see if a possible uptrend will set in. It never triggered but even if it had, it is really wise to put in stops, especially for stocks that are "earnings related".. TIBX, and TEK made a resounding high that stayed much of the day but VRTY moved up somewhat yesterday on a good earnings report but failed to do anything but sell off today. Part of the morning trigger is to take into account possible moves back from opening highs and invariably some stocks move easily off morning gap ups, and/or morning highs. It is even more imperative for entries to watch for 30 minute breathing space especially if you don't plan on using stop losses.

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