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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Jenna who wrote (3744)2/5/2001 1:51:48 PM
From: Jenna  Read Replies (1) of 6445
 
All these continued their down trends except BEAS which was given an upgrade to BUY, ELNT also broke double bottom 42 and was called short, most at the break by the second reversal period FROM a POST LAST NIGHT ---><< Then there is the worst stage: Stocks like SDLI, ARBA,BRCD, EMC, GLW, CSCO, TQNT that are already in their double bottom breakout stage and have dropped below a lot of support. These will have a rougher time recovering. FLEX seems to be like FNSR in that it might be good for a 10% or 15% continued downside. RIMM, CHKP, BEAS look like continuing shorts and they move down quite consistently during the session.>>
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