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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: croonerjim who wrote (51926)7/22/1999 1:11:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
I agree about FFIV, but I think its a matter of how much the stock has run up previously, how popular the stock is among traders, is it a first tier stock in its sector (i.e. and ORCL would tend to run away but not an LCVI) and a lot more that I have previously written about in a past article. I'll dig it up. NDB was a runaway gap, BOBJ was another, GNET could be another. FFIV was unusual but I think it will resume its ascent at some point. I would get into stocks like AOL, YHOO, GNET. It also has to do with something called a continuation gap, if it closed the day before at a gap up price chances are the gap will continue I'd have to study the chart patterns of FFIV, NDB, EGRP, YHOO to give a more definitive answer.. Unfortunately, I too was stopped out of 200 shares of FFIV after doing fairly well in the morning with the first batch.