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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 (95805)	5/3/2000 11:22:00 AM
From: Jenna	Respond to of 120523

ADRX and TEVA still holding their own.. Its really a shame good stocks will be dragged down today but that's how we traders earn our extra profits. Its a shame having to sell IMRS and AHAA but I won't fight the trend. Holding longs with very, very tight stops. Shorts are doing well.

To: Jenna who wrote (95805)	5/3/2000 11:33:00 AM
From: Kavika	Respond to of 120523

Jenna; right you were on MMPT; gap filling, triangle coming to very sharp point, like every other net stock.

To: Jenna who wrote (95805)	5/3/2000 11:37:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

Nasdaq is weak as it drops below 3600 below its 10 and 20 day moving average. add to that a drop BELOW the down trendline. I would not be a 'position trader'.. here its a 1-2 day swing trade at most. Always hedge with a few shorts while looking for longs that buck the trend. Not always easy but one or two trades a day and/or 1 or 2 short should be enough. You don't have to trade these markets unless you get good signals.. You don't jump in with the nasdaq at these lows because 'you just have to get a bargain'.. Tomorrow someone else will get a better bargain - your stock at 8% discount or more.