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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: alice simmons who wrote (94168)4/19/2000 1:08:00 PM
From: Jenna  Respond to of 120523
 
MTSN doing well earnings run for that company. Actually TERN is looking like a short once again. TERN actually I was never stopped out and moved my stop down because it was really too tight and TERN never dropped below the 20 period ma which provided support. I also left it while the nasdaq began to surge that was proably the single main factor for cutting stops in other companies as well. A stop should really be about 5% but could be 6% and it could be changed as per market climate.

The +DX which was my indicator to go long on ALLR never dropped, the 10 and 20 period crossover were intact, the volume was trickling off during the small sell off, no indicator actually showed anything but bullish especially the +DX.. I never really noticed it much after ALLR started to surge. Had I been stopped out, I would have reentered like I did with CREE..

Unfortunately things are never that pat and I did not move my stops on PXXI and NANX the last few days and was stopped out prematurely. It was probably the doji on 4/17 that alerted me to probably reversal of trend.