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 (41735)	5/25/1999 2:29:00 AM
From: Jenna	Read Replies (1) of 120523

If LCOS and INKT don't deteriorate further they are not in bad shape. 209.238.58.46 The thing that's not so good is that if shorters come they won't touch ATHM but will be salivating around INKT, EBAY and LCOS.. We'll see. If sector moves up, these should do well, could keep shorters at bay forcing them to cover. Compare the charts and note that ATHM, for example broke, through the 50 and the 100 day moving average. EBAY actually had a bounce off the 50 day.. with a momentum breakout and LCOS landed just on the 50 day with a momentum breakout. Both are still pretty well positioned and in 'intermediate' bullish uptrend. Of course all this is moot if the nets tank tomorrow more, or if ATHM moves up 10 points with the group. But I'd watch EBAY and INKT first.

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