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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 (117104)	11/21/2000 10:57:10 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

CFLO.. IWOV, CORV after huge downside looks like recovery for now on intraday chart. However consider that these might be short set ups AFTER any recovery, so I would watch like a hawk. Remember the 200 period moving average has 2 sides to it. If a stocks makes it to its 200 day moving average it looks at first glance like it was saved and should turn up from there, but what happens when stocks are in a downtrend long enough the 200 day moving average can and usually is a short set up on this 'rally'. Message 14848921