Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Smart_Money who wrote (538)	1/4/2001 2:46:51 PM
From: Jenna	Read Replies (1) of 6445

PALM we watched that for a while, but the smoke was more like a those smoke rings you see with peace pipes, full of holes.. PALM has had a bearish engulfing below its 20 period moving average and looks to drop from here. Of course it could move again tomorrow.. I also like it for a daytrade but its not convincing today.. SNDK, VRTS IBM EMC and CSCO were looking okay but also pulled back. Nothing inherently bad about PALM but investors/traders are leery of anything more than a daytrade or overnight hold. I held overnight and they were all up but I sold.

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