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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: John G. Mueller who wrote (51814)7/21/1999 3:32:00 PM
From: kendall harmon  Read Replies (1) | Respond to of 120523
 
HIRE going



To: John G. Mueller who wrote (51814)7/21/1999 3:42:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
<ALERT MG Earnings plays EXTR up 6 5/8 earnngs play, BOBJ +7 7/8, ,NSOL +5 1/2, RAZF up 6 both on watch list and earning play)
Very few stocks that did not give buy signals, a few others just withered and offered no buy signals.

John forgive me, I've been a little short today. I just got into some earnings plays for 22nd.
this post is in answer to the questions of why I include a overbought stock on the watch list or earnings play: Here is an excerpt from BOBJY taken from the latest newsletter:

BOBJY had a triple top point & figure breakout on Friday. Nice strong chart. but still a tad overbought, which is why I included the graph above. Its now trading above the 30 day moving average and Stochastics are overbought, but a good company and should have a good report. EXTR also turned up on my overbought list and I disregarded it and included it in the latest newsletter. My opinion: both EXTR an BOBJ had the fundamental soundness to keep up strength. Check the data table on this graph so you will see what I mean..

This is perhaps the best example of why I include an 'overbought' stock on a newsletter or watch list.