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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 (118404)12/7/2000 10:29:50 AM
From: 2MAR$  Respond to of 120523
 
RF Micro Device (RFMD) 31 5/8 +2 1/8 (+7.2%): Issues press release announcing the achievement of a significant strategic milestone in its alliance with QUALCOMM (QCOM). News helped lift RFMD shares to a high of $32 3/4 in early trading, on volume of alm



To: Jenna who wrote (118404)12/7/2000 11:06:18 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
<Update into the doldrums> the nq's did not take out that overhead resistance on the 200 period moving average and as they were making an ascending triangle, it hit the resistance and was knocked back down. That explains the pullback of the nasdaq just at the point that it looked like it might be clear sailing at least through the next reversal period... We actually went long NUFO, CFLO as ironically these seemed to hold onto strength.


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