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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 (73241)	11/24/1999 1:39:00 PM
From: Jenna	Respond to of 120523

"Uptick Rule might be taken away"..Its what I've heard from some traders I consider "in the know".. It seems that money makers are making too much money off the uptick rule which lost them tons a while back when it wasn't a rule. That would be a wonderful change IMHO to traders. ORTL moving nicely off lows after a predictable earnings sell-off.. after spiking at about 69 a share fell to 53 today, A great company should be watched.. ORTL bounced off support at 60 but is now sitting on its 10 day moving average. A drop below could mean another down day but it it holds at 62 I'd consider that a positive indication that after the holidays it will continue to retrace earlier highs. ORTL moved up tremendously on anticipation 200% since it was announced their earnings would be above expectations. Probably in the top 10 performers that I've followed in November so give it a break a while, it will be back. There is no way a stock that spikes that high will not correct, especially after earnings are out and were predictable. I had a short out on ORTL but never even made it in..