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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 (102907)6/19/2000 2:04:00 PM
From: Jenna  Respond to of 120523
 
EXTR called on Friday.. from May 31 watch list and also the June 12 called on Friday a second time up from 44 to a high today of 93 9/16. A good strategy is to watch the same universe of stocks for a longer period instead of looking for 1 day wonders. Cumulative gains from swing trades (INCY,MRVC,TLGD, ELNT) have been more successful than 1 day scalps off the nasdaq most up list. I've reset my targets and breakouts for EXTR 3 times in the last 2 weeks and its better being prepared for EXTR and 'setting the table' for a buy than any new stock that might come off the 'news'.

June 12 Watch List

10> EXTR - EXTREME NETWORKS INC .DAT
Price= 82.1 VL/30= 134.7 %Rnge= 85.0 Sto9V= 93.2
W14dV= 68.0 %Hi4 = 100.0 1-Dy = 109.5 50MA = 132.8
21MA = 142.1

May 31 watch list

2> EXTR - EXTREME NETWORKS INC .DAT
Price= 44.1 VL/30= 94.5 %Rnge= 52.0 Sto9V= 9.9
W14dV= 35.8 %Hi4 = 65.4 1-Dy = N/A 50MA = 63.0
21MA = 77.9



To: Jenna who wrote (102907)6/19/2000 2:09:00 PM
From: Jenna  Respond to of 120523
 
INCY triple top breakout target raised to 115. Looks like another VRTX here. VRTX is gaining momentum from the nasdaq rush now, all stocks that were bucking the trend this morning are soaring now.