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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: Jenna who wrote (15666)	9/26/1998 9:32:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Analysis of 3 favorite stocks in Med. Products sector: AVEI,MNMD,OSTE 3 technical levels: MNMD..OVERBOUGHT volume back to 30 day average, OSTE..OVERBOUGHT making new high 30% more volume than 30 day average, and finally AVEI: NEUTRAL after trending up, correcting, and possibly close to a technical buy again with 80% increase in 30 day average volume.... Technicals are important but for the next few days, sentiment and their fundamentals will be just as important in determining how these stocks fare Although these 3 have excellent earnings velocity going forward, are fundamentally in the 92nd and above percentile compared with whole database of stocks. They will probably beat earnings estimates for 3rd quarter, and provide good long term potential, their technical charts are different. MNMD has an OVERBOUGHT chart and prices have already been in a decline since 9/22/98. marketgems.com OSTE is in the middle, its starting to look OVERBOUGHT, but volume is at a high, price is at a 50-day high and there is no sign of downward reversal of trend. OVERBOUGHT stocks can still continue their uptrend.. and they have so many time in the last couple of weeks. marketgems.com The third stock AVEI has been in a nice uptrend, retreated for a few trading sessions, and now looks like it might continue its uptrend. Strong stocks in favored sectors usually correct for 3-7 trading sessions and then they continue an upward trend. marketgems.com They make for excellent short term holds and swing trades. These charts will be transferred to the Well-Informed Trader section of Market Gems website.. It will not be password protected.