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: Tiffany Trump who wrote (8662)	4/28/1998 7:55:00 PM
From: LastShadow	Read Replies (2) of 120523

Welcome Tiffany, SMOD needs to stay above 23 just to hold it, and a reversal would have to occur to make it a buy. CIR is trending down and looks to continue doing so. BFT bounced off 34 mid month and hasn't shown signs of reversing its downtrend yet. I do have a suggestion though - the charts you are looking at are for the month so far. Sinc you are learning, I would recommend using no lesxs than a 6 month window in that Wall Street City chart. That will give you a much better idea of which way the stock is heading. Chart trendlining is the one basic skill everyone needs, and looking at 30 days won't tell you wher its going. Go back and look at the CIR chart for 6 or 12 months and you will see what I mean. lastshadow

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