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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 (22691)1/21/1999 5:29:00 PM
From: Bridge  Read Replies (2) | Respond to of 120523
 
Jenna, another learning lurker here, i am also looking to enter gnet having jumped ship once. when you say you "saw no clear reversal of downtrend", could you explain exactly what you are looking for there? And is it something i can only gather from level II? tia. Bridgette



To: Jenna who wrote (22691)1/21/1999 6:51:00 PM
From: neverenough  Respond to of 120523
 
I bought more GNET today at 109, cancelled my 99 5/8 stop at the last minute. I'm looking for a strong sell-off at the open, once we turn I'll average down. I too think next week will be strong, we needed this correction, and as bad as it hurts it will help in the long run.

The one thing that bothers me is we don't have any real support to about the 41 level. I'm hoping that 78 will hold which is right at the 20 DMA...