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 (12401)	7/31/1998 3:56:00 PM
From: Jenna	Read Replies (1) of 120523

e-mail.. SMOD, VRTS... SFNB...MU....ORBKF SMOD Extremely bullish chart going into today. the stock broke a double top point and figure break out yesterday. It's bucking the trend in a B--I--G way. Looks very good complete trend reversal. (nice pick jeff) VRTS yes, that was one of my watch lists candidates and an earnings play but I never expected it to have to beat such odds to stay up on a down day. Chart was a strong buy going into today. MACD was bullish and all the indicators were bullish. If you want to see the anatomy of an excellent fundamental and Technical play go no further than VRTS. Support is at 52 3/4. This was a successful swing trade, intraday trade and short term trade before earnings. An earnings play and trading stock par excellance. MU.. a "Market Gems" call 5 trading sessions ago.. and reiterated on other general watch lists since then. Has proven one of the better trades for this volatile week. By the way all the watch lists up until the 31st will be taken off password protection tonight. I don't think it's a good play at this point as it is looking overbought. I would wait for a small pullback before initiating any position in MU. SFNB.. held up very nicely today. I probably should have held on to this little " Market Gem" ORBKF.. at this point the chart is not attractive, but I don't discount it changing as the stochastics are way oversold. We can still see a trend reversal before earnings, even if the best we can get out of ORBKF is an intraday trade based on 'anticipation'.

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