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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 (117077)11/20/2000 9:54:30 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
QQQ had a double bottom breakout, the Nasdaq Composite closed at 2875.6 It will have a double bottom Point & Figure breakout at 2858, the year low is 2859.

.......

QQQ closed at 69.84 it will have a double bottom point & figure breakout at 68.00. What does all this mean? It means that downside pressure might not be over just yet.



To: Jenna who wrote (117077)11/20/2000 10:55:31 PM
From: Kaliico  Respond to of 120523
 
LPTH appears to fit your "blimp criteria", but careful..

I trade it all the time, have since it was LPTHA LPTHW LPTHZ

Given the present "optics climate" it appears to go lower, but if you are recommending this as a short... it has a habit of bouncing 2-4 points in minutes easily stopping out a short (or long).

This is one stock I never turn my back on.

Kaliico


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