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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: Ryan Mak who wrote (102578)	6/16/2000 10:41:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

Yes still long MRVC and ELNT.. CMVT out. Its funny about CMVT I was in that position for a 3 day swing trade and the day I exited it was called a "buy" by one of the websites. I remember thinking I had my 5 points, why would I buy after 3 days of higher highs when I know CMVT's corrections are unfortunately longer than their rallies? But CMVT's chart is an uptrending chart. If you draw the upper and lower trendlines you will see its trending up and it the long run it will probably test the year highs of 120, but the moves down are sharp and MRVC has less sharp corrections and has a great chart.