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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: Autumn Henry who wrote (66063)	10/13/1999 1:21:00 PM
From: garrick le	Read Replies (2) \| Respond to of 120523

PHCM looks strong so I would not short it yet. JNPR or RBAK might be a better candidate,IMO. BTW,I am long CONV and MQST at the moment. GL

To: Autumn Henry who wrote (66063)	10/13/1999 1:22:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

My opinion that PHCM rebounds.. PHCM..+ 4 7/16 in a very down market. 10 minute chart, positive moving average crossover, still above 10 and 20 period moving average, RSI is fine, but ADX is moving down although +dx still above - DX.. looks about even now, but for this you should look at the 5 minute chart and 60 minute chart. Lot of work for one stock but its worth it. 5 minute chart is deteriorating a bit more with ADX below the + and - DX..RSI still strong although it just fell below its 20 period MA which is a 'warning light' I still would not short it just yet.. 1 minute chart an intraday up and handle formation which is what explained the reason I covered the short and went long but now its consolidating 'squating' for a big move in either direction. I think the move will be up rather than down. 60 minute chart just to look at not to use or you could lose your shirt unless you're a long term holder or shorter. But there is a bear flag formation and the chart is still strong above its 20 period MA with an ADX of 37.24 suggesting continuation of uptrend