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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 (5251)2/25/2001 5:01:38 PM
From: Jenna  Read Replies (2) | Respond to of 6445
 
Shoeshine anyone? BWS/SHOO PSS reporting tomorrow before the open, SHOES are in and SHOES stocks are soaring..Ones that are still looking good are SHOO and BWS. SHOO support is at 13. As SHOO trades above 15, Friday's high it will have taken out the 4 and 3 month highs. 16 will no doubt be tough resistance but if that gets taken out eventually 16 through 22 9/16 has no resistance. All depends on Monday before the open when PSS reports.

BWS Brown Shoe Company

Brown Shoes already had a nice range expansion breakout above the 20 day moving aveages. stochastics are still in pretty good range, although if PSS earnings are not up to par, it would probably reflect on BWS ability to take out the next level which is 18 1/2. Chart is fine. as BWS is trading above all its rising moving averages..and this after already pulling back.



To: Jenna who wrote (5251)2/26/2001 1:43:58 PM
From: Jenna  Read Replies (1) | Respond to of 6445
 
UTEK.. after a move down.. UTEK reversed solidly off a very large wave of climactic volume. It is now in an uptrend and has aleady moved above its 20 perod moving average the volume is slackening for UTEK. Message 15408292



To: Jenna who wrote (5251)3/1/2001 12:57:55 AM
From: Jenna  Respond to of 6445
 
WIND earnings play should be watched tomorrow for possible increasing volatility pending its earnings report marketgems.com
This chart is from February 23, and WIND has been blowing wind since then. Earnings and conference call today (march 1) after the close.. Need I say DO NOT hold through earnings, this has been known to be hazardous to financial health.



To: Jenna who wrote (5251)3/1/2001 1:00:03 AM
From: Jenna  Respond to of 6445
 
UPDATE since the post on Sunday UTEK has lost significant ground and while others techs are oversold, there still could be more downside UTEK dropped from support of 29 9/16
(see chart) and now we might have downside to 20 and maybe more. Do your own DD, this is just a technical analysis observation.

Message 15408292

in UTEK