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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: Eric Maggard who wrote (18478)11/12/1998 4:58:00 PM
From: Jenna  Read Replies (5) | Respond to of 120523
 
CLFY.. ASYT..CREE how a potential short becomes a profitable long. marketgems.com A shame this post did not go through when it was intended. I was pretty excited about 1) the way they were all down except GCTY, ASYT, the latter was easy to 'slip into' 2)The way CREE, CLFY recovered nicely. While I was following CLFY for only a 1/2 point gain CREE was climbing over two points.. but I will be more cognizant next time. CREE would have made a nice addition to SGI, CYCH (older trades) WFMI, ASYT, POWI and ORG

marketgems.com

Supposedly posted this afternoon. The point I wanted to make was that when you have a strongly trending stock that had beat estimates and/or 'news' adds to the appeal, an overbought stochastic/macd/relative strength just can't knock it off its ascent for long. This also confirms what I meant when I said these street beaters do retreat, but come back for more and more gains.

Otherwise most of the stocks from this list was down nicely, when some started their recovery I posted this message thinking there would be potential buys..