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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 (100415)	6/2/2000 3:37:00 PM
From: Jenna	Read Replies (5) \| Respond to of 120523

ANCC, JBL, AAPL also look like fair shorts. Shorting is not easy in this environment. Anything can happen so be circumspect, when in doubt enjoy your gains and hang onto some of the beaten down techs that are still over 80% of day's highs and not overbought. JBL has already moving below its new breakout today and at 44-44 1/2 looks like a fair short. ANCC probably can not sustain this 3 day gain it never has sustained more than 2 days of rather large range days and gains since it dropped from 60 in March. AAPL is already at 26% of the day high and losing ground on tremendous volume. Although there were 100 big blocks, AAPL could conceivably lose more ground in profit taking. AAPL had a 20 day moving average breakout, the first in 5 weeks but its now moving down below its 20 day moving average.