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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 (118592)12/11/2000 11:16:43 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
NUAN and EPNY called as potential longs powering looking like SWING trades as well. OPWV and IDTI as possible 'shake out' short plays had the capitulation sells this morning. OPWV gapping down but triggering on a move above 70 (20 period moving average), IDTI also triggering at 42.37 after a move off the 20 period moving average moved down at the get go. Not a market to have held over the weekend as some stocks were stopped out but to buy after some morning sell offs. At this point I WOULD BE CONTINUING TO HOLD LONG POSITIONS. Note that those that closed long postitions in the aftermarket or this morning might have lost out on gains, while those that just waited for the proper trigger got pretty much the beef of today's gains while able to take some profits on any short plays held over through this morning.