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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 (1150)	1/10/2001 12:40:14 AM
From: Jenna	Respond to of 6445

EPNY, MUSE looking for reversal there marketgems.com same pivot points. Look for it to violate the support lines

To: Jenna who wrote (1150)	1/10/2001 12:43:40 AM
From: Jenna	Read Replies (1) \| Respond to of 6445

EPNY, MERQ looking for reversal there. MERQ might retest that support level of the lower bollinger band and drop marketgems.com same pivot points. Look for it to violate the support lines marketgems.com Many plays you will notice look like they are reversing as these were good plays today [i.e. EXTR and OPWV as well] but there is that possibility always inherent in strongly downtrending stocks that they are in an "outer limits" and a move like they had today would push them back to lower support levels. Here is where we usually find some of our best shorting opportunities. Just when you enter, you bear the risk of retracement to these lower levels, and only gain a little in terms of reward. I would rather just wait and take them home after more substantial news,earnings reports out of the way, and a rally lasting 2-3 days, until that time I'm satisfied with just daytrading them.