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

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To: 2MAR$ who wrote (117386)11/27/2000 5:36:21 PM
From: Jenna  Read Replies (1) of 120523
 
BRCM, MRVC, ARBA and CMRC were hot on short side, NUFO was one I missed today because of thanksgiving I covered my NUFO short. NUFO did move up on Friday but today's bearish engulfing should have been pounced on. ARBA however.. get a load of that bearish engulfing and I've waited for ARBA since last Wednesday when it triggered long instad of short.. and it took until today for that fun reversal. ADX (strength of the downtrend) super strong at 36. Looks like a bearish divergence with ADX being at a high while ARBA is not at a low (nearly but not quite)..
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