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: Charles Bowen who wrote (10711)	6/26/1998 12:56:00 PM
From: Jenna	Read Replies (1) of 120523

CDO..PWAV? I chose to enter CDO this morning instead of PWAV when they both gave pretty identical results of one of my scans. Both came in the top 95% percentile for stocks screened for RANK change in the last 7 days: a)ERG b)Accumulation/Distribution c)Group d)Price I expected to get into PWAV, but CDO's morning chart, consistent riding on the higher channel and consistant piercing resistance bands made it a more compelling play. Also the price was already above the 17 3/4 resistance which I liked. In addition I had some fears the tech sector was not going to continue it's strong uptrend. I'm still bullish on PWAV however, but I don't think I'll enter it today.

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