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: hung wood who wrote (15735)	9/28/1998 1:33:00 PM
From: Jenna	Read Replies (2) of 120523

RMII Hung..nice call.. Relative Strength Index did hit a 14 period high today! If you notice the MACD histogram which is my favorite indicator for volatile low-priced stocks. RMII been in a consistent uptrend from first of September, actually increasing day by day through RMII's price fluctuations. MACD Histogram even triggered a buy signal before the MACD, which was still flat. I used the histogram to time my entries in to WWW, CKSG, WSO, IDCT, SAVLY etc.. If you look at the MACD histogram for SAVLY you'll notice that even as prices were falling in later September, the Histogram was turning up little by little, never even falling below it's center line once. Finally gave a buy signal and SAVLY was up sharply for 3 consecutive days.

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