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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: Peter O. who wrote (5300)2/11/1998 11:26:00 PM
From: LastShadow  Read Replies (5) | Respond to of 120523
 
Responses:

Nice list T. Sterner - IFMX bothers me though, as the technicals turned south today - could be just minor correction, but it did start to look overbought.

EFII - Should you take profits? Better than taking a loss! Actually, from the chart I can't tell if its just an interim stalling due to todays profit taking or if it has more to go. My suggestion would be to set a protective sell stop at $20 ($19.75 at lowest), unless you can watch the intraday, in which case if it downticks three times, sell. You did set a stop, right?

VLNC looks like it may tank tomorrow - "If an analyst touts a stock, sell it. If the CEO touts the stock, short it!" That much volume and price rise looks risky to me, but then I only looked at the chart. However, even with great news, it should have risen more resposibly for me to consider it viable for next day entry. Why buy it after it jumped?

By the way, I don't read other threads. Nothing against them - lots of good folks posting there. Lots of important information on them. Lots of hype as well. Hard time telling the difference without following them for awhile...I know most of you from your posts, the frequency and 'accuracy', the email, the effort you all put into this. This works for me, so I 'll stick around home here.

lastshadow