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: Jenna who wrote (10362)	6/18/1998 11:42:00 AM
From: Judy	Read Replies (1) of 120523

Jenna, I examined XRX's chart with the information you posted in mind. Yesterday's action was a DCB off the 200-day under market program buys. Something is not right with this stock, no matter what the analysts say. A fundamentally and technically strong stock does not fall thru its 50-day ema without a fight, XRX rolled over and played dead until it hit the 200-day ema when some brokerage firm came to its rescue. As a positional trade, I will pass. As a flux trade, well a nimble trader like you can flip anything. INTC, I assumed you entered to trade the options flux, the bounce between strike 65 and 70 this week. Heck, when I come to the thread and see your posts ... you may be posting about the same stock but it may be your third trade on it since I was last here!

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