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: Connor26 who wrote (765)	1/6/2001 7:44:20 PM
From: Jenna	Read Replies (1) of 6445

GLW is not a blimp marketgems.com as you can see in this dual chart showing its profitability superimposed on the technicals. However GLW is technically in the throes of sharp downtrend and probably a continuing short unless it moves above those pivot points delineated on the chart and then it can have a reversal to the upside. 57 is the more critical overhead resistance as than GLW will be back in the fray of a positive trading channel and not beneath it as it is now. You have noticed, I'm sure, that there are MANY tech stocks that are reasonably valued and they are still moving down (ELNT,KEM, EXAR and TLGD come to mind).

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