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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 (13172)8/19/1998 1:42:00 PM
From: Jenna  Read Replies (1) of 120523
 
e-mail - BVSN, Oil service stocks, SMOD

looking good after a retreat.. Oil Service Sector.
Looks like a trend reversal.. resistance is at 26 3/4.. Relative strength was already bullish going into today..

Oil service sector; showed strength today FLC, CDG, BJS, GLM all good for nice intraday pop. I still haven't really changed my mind on the sector as a whole.. I look upon it as a good opportunity for an intraday trade and possible position trade. This group is trading very close to their highs of the day.

SMOD.. another good one from the newsletter has had very good gains.. I'm still very bullish on SMOD. Notice the explosive volume today and yesterday.

SMART MODULAR TECH INC COM - SMOD - DAILY PRICES 

Date       Open  High    Low   Close  Volume  
08/17/98 17.375 18.187 17.312 17.812 336,900 
08/18/98 17.875 21.625 17.875 21.375 2,352,000
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