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 (115555)	10/24/2000 5:15:44 PM
From: Jenna	Read Replies (1) of 120523

NUAN was gorgeous not to mention JDSU.. I picked up "puts".. MCDT another day of tankeroo over 51 since the short trigger now. Even MANU was good for a 'getting the feet' wet short.. first one of the day. EPNY was some EPNY today more like NTMR (nightmare) for longs. RIMM you should have seen that -DX crossover on the 5 minute chart.. At the very first move into the doldrums at 11:30 the +DX started to drop like a rock.. PRECEDING the price fall and showing a divergence as RIMM was only begining to fall. The stochastics immediately started to move down through the overbought of 100 by 11:30 and had tanked to 0.. before the beefy part of the down move even began. Thereafter from about 12:30 to the close stochastics stayed under 20 and even hitting 0. RIMM kept tanking until another and the strength of the DOWNARD TREND was so strong the ADX soared to 66.72 from 1:00 to 4:00.. other stocks played the same scenario.... tanking.. Meanwhile APCC and CNET were heading north. One of the best days,long and short, especially short. Couldn't get a lot of stock trading but those options were nice.

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