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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: tom pope who wrote (8714)4/29/1998 2:22:00 PM
From: Jenna  Respond to of 120523
 
WAXS chart was exactly where I wanted it to be this morning when I entered it. It's been a STRONG BUY for a while now, but I got in early and it did reach it's 52 week high of 38 1/4 this afternoon. My usual rule of thumb is take 2 points + and get out UNLESS the stock is still below the 10 day moving average or has not hit 52 week high. Unfortunately, I think it is coming into OVERBOUGHT territory. I don't think I'll hold overnight myself. REMEMBER: I did sell ARSW for 2 1/2 only to see it go up another 1 point the next day. Someone asked on CNBC whether they thought LU was a buy at this level his answer: Well I thought it was OVERBOUGHT 5 points ago. FINL was good for a whole lot more but it's your choice.