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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: Jenna who wrote (66868)	10/19/1999 11:46:00 AM
From: kendall harmon	Respond to of 120523

TTWO seeing higher highs and volume Christmas play

To: Jenna who wrote (66868)	10/19/1999 11:52:00 AM
From: lee kramer	Respond to of 120523

(OT) Congratulations to Yankee fans. Suzy, my friend the Bookmaker, Capt. Tomato and I are all pulling for the Yankees to carry our fallen banner and capture the World Series. (Lee)

To: Jenna who wrote (66868)	10/19/1999 7:28:00 PM
From: Autumn Henry	Read Replies (1) \| Respond to of 120523

Jenna, educate me please on your idea of "percentage of daily highs" if you have a mind to. For example when you say "it is getting too pricey to short comfortably" when PHCM was hovering about l5-25% of its day high..... Well I notice you bring up percentages like that. What is your comfort number on shorting? Is this your own idea or is it based on something from somewhere else? The only thing I had really read that fit for me on shorting was shorting the "lower high"....meaning if the stock can't make it back on the retest to pass the last high it is getting weaker and therefore a nice short selling opportunity is presenting itself. I don't like it to go down too far cause then to me it is in the trough of the move and that is dangerous for support/updraft. Any light you could present is appreciated. Thanks. Autumn