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: LastShadow who wrote (1618)	7/6/1997 10:51:00 PM
From: LastShadow	of 120523

Mid Term Recap: The 6 stocks listed on my Mid Term Watch List on 6/30 advanced as follows: ADM, BAY and MU - $1 positive, although MU closed near its start by week end, it had more than a $1 intraday trading opportunity. GADZ & MO - $2 gain GE - approximately $4.75 gain All remain as HOLD. For the Pre-Holiday effect, based on the S&P 500 index (the largest cross-section of the markets), the Bull Power (BP) and Relative Strength Indices (RSI) were: July 1 BP = 8.98, RSI = 58 July 2 BP = 16.42, RSI = 67 July 3 BP = 26.01, RSI = 74 Due to the short trading day on the 3rd, these numbers indicate that the Pre-Holiday effect was as strong as historical trends. lastshadow

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