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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (1148)	1/10/2001 12:16:51 AM
From: Smart_Money	Respond to of 6445

Thanks, and good night.

To: Jenna who wrote (1148)	1/10/2001 12:26:32 AM
From: Jenna	Read Replies (2) \| Respond to of 6445

Tonight I chose to do a watch list with a 'theme' Stocks that broke their FALLING 10-day moving average to the upside corresponding with breakouts to the upside from symmetrical triangle formations. Today a group of high flyers failed to hold support.. Another component they all have in common: very high P/E ratios. However it should be noted that these are all fine companies whose only fatal flaw are high valuations. They will more than likely be okay after a 15-20% price cut. A book I highly recommend. is Murphy's Technical Analysis of the Financial Markets...