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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Joe Hoek who wrote (20093)12/18/1998 11:10:00 AM
From: Jenna  Read Replies (2) of 120523
 
CMGI..MALL...PRGS

CMGI.. Technically it is overbought. but there is still a gap of about 40 points between the relative strength of the stock 99 for the year and the present technical rank, which is still about 50. This is no ordinary company just like NSOL was no ordinary company. I think this one will go back to 112 and its highs but the question is that it probably won't go up in a straight line and I'd hate to have some someone get into a stock that was up 40 points in just a few trading session. I personally do NOT think the president will be impeached, in a country that frees O.J. Simpson from brutal murder I just can't see it, but I might be naive here also.

MALL.. okay so I was too harsh on the stock.. it was in first place on yesterday's watch list and I did get in yesterday and today although missing 2 1/2 points out of the 6 of today.. I am satisfied that I exercised some caution.

PRGS.. another earnings play going north.. good stock
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