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: Bron-y-aur who wrote (38078)	5/4/1999 2:58:00 PM
From: Jenna	Read Replies (1) of 120523

#2..WL May 4. I chose it because the sectors that were weak because of overseas problems (Japan, Brazil) had begun to strengthen of late. It also had a double top point & figure breakout yesterday. Very many big blocks went through yesterday. But if you notice the stochastic was a little overbought going into today, although I've seen that before and it hasn't effected the stock. It could just be with the super 'exposure' this stock has it tends to be prone to profit taking. I don't recall it being down this much in one session in a while. But I chalk it up to the general reversal and profit taking of the DOW and the rest of the market is not that hot either.

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