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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 (118274)12/6/2000 11:38:47 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
#1 on today's watch list took at the important resistance of 20 day moving average (35 1/2).. and powered.

1> TXCC - TRANSWITCH CORP Price= 34.3
Relative Strength for TXCC is still 90 and it did have a bullish double top breakout on Tuesday, If TXCC takes out 32 1/2 a pivot point, it will be a short play.   If market internals are positive wait until TXCC takes out the high made in the first 20-30 minutes. (35 1/2 is the 20 day moving average)



To: Jenna who wrote (118274)12/6/2000 11:44:32 AM
From: Dave Gore  Respond to of 120523
 
EXDS broke through more minor resistance points, now 31-1/2. Not recommending here as it is up 35% or so, but it's a good example of how strong this rally still is for quality stocks, as it broke through more resistance points today.

Then, on the other hand, we have HWP, APPL, INTC getting even worse.


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