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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 (118517)12/8/2000 12:50:46 PM
From: Jenna  Respond to of 120523
 
CFLO starting to take out the 69.14 which is the 20 period moving average on the 10 minute chart. It would a concern for longs if it dropped below 67.. it could be setting up for a short if it begins to take out its gap up below that level. What is good about CFLO is that it had successfully tested and penetrated its support level of the 20 DAY moving average on the daily chart at 70 3/4 but pulled back, if CFLO does indeed close above this level it might begin to recover in a continuing rally.



To: Jenna who wrote (118517)12/8/2000 2:44:58 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
<towards 2:45> ADBE, RATL,MANU,JDSU .. might be wise to take profits off the table. RIMM is setting up as a beefy short. ANEN still looks good as short. Will update a little later. Plays are moving off highs and shorts are setting up.


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