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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 (117368)	11/27/2000 2:55:45 PM
From: Jenna	Respond to of 120523

<font color=orange>Intraday update. Stock #1 triggered a buy this morning without a gap up and that was nice but it has taken out 50 13/32 and triggered short as below 50 3/8 moved below that trigger now.. looks like as this one takes out 49 1/2 it will be a continuing short play. Fridays move looks like a dead cat bounce and this one might continue to trend downwards into the close and possibly tomorrow.. We will update near the last reversal period (around 3:35) if we think it can be a continuing short.. #5 which are special index stocks on the American Stock exchange triggered a short almost immediately at the get go in the morning, and like the QQQ encompasses a group of tech stocks. The gap open this morning was to 40 3/16 and now it is trading at 38 11/16 near the lows which were 38 7/16. This makes a good trade for the short side when you don't know which technology stocks to short.