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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 (3555)	1/31/2001 7:06:10 PM
From: Jenna	Respond to of 6445

PKTR ----> like a mini ONIS only Gemmers remember that like ONIS, don't expect PKTR to stay up waiting for you to have your luncheon and apertif.. it will be up about 15 or 25 minutes (about 3 to 5 reversal bars and then YOU MUST LOOK FOR THOSE reversals i.e. Piercing lines, dark cloud cover, long upper shadows, etc.) We can't watch the exits on the thread like we can in the forum, and even there we say "depending on what you want from the trade, close only a portion and wait for a continuation of the up/downtrend" so you should be aware of that. On the other side of the coin.. high flyers like BRCM, BRCD, CHKP, EMLX.. let them run even with some bullish flag reversal, if the stock has hit and broken an important resistance level.. (always look like we do on the daily chart as well)... chances are excellent they will continue to fall. Most all shorts today were long term daytrades (through more than one reversal period) were it not for the FED intervention, they would have moved down naturally.