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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: Bob Biersack who wrote (94650)4/25/2000 10:55:00 AM
From: lee kramer  Read Replies (1) | Respond to of 120523
 
(OT)BobB: Sure, they're riding off into the sunset. Though I hear Trigger is stuffed, so it might be difficult for him to trot. (Lee)



To: Bob Biersack who wrote (94650)4/25/2000 11:54:00 AM
From: Doug Robinson  Read Replies (2) | Respond to of 120523
 
Lot's of good triggers outside the tech area in the past several weeks.

Be careful. Set tight stops and check out the volumes before you jump in. Several of the so called "experts" that call buy signals frequently do so when there is no evidence that a buy signal has triggered.

I chuckle when I see them post and find that the five/fifteen minute volume at the moment they indicate a trigger has occurred is among the lowest for the day. Even found an instance when it was among the lowest for the past two days. For a buy signal to trigger you need strong buying and volume momentum. That's impossible to know in advance so when anyone is telling you hours or days before that such and such price is a buy trigger be careful.