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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: Dayuhan who wrote (25146)2/15/1999 10:23:00 PM
From: Logistics  Respond to of 120523
 
OMGA looks great for this week. Here is a technical excerpt from another poster:::

Fridays close was almost 2 points higher on close basis, with extreme volume. the move friday
was a continuation of the move that started last week . Last week's move was thwarted by
terrible market conditions. 12 will show a little resistance but 15 is the real near term target it
is going far. There is no way this stays down next week. I expect a gap up on monday with a
very light and minimal pull back , which will build a nice bowl and lead to an "opening
range breakout" of that bowl. At that point the fireworks begin and 15 will be a "lock on"
target. this breakout should occur early to late morning. I will keep a stop at 8 1/2 . Exspect the
volume tuesday to be greater than the volume of friday . A new all time high is close at at
hand. The last time OMGA ran up hard it gained 100% in the 1st 20 minutes of the trading
day. There ain't no stopping OMGA until after the 15 target is hit. If we go strong through the
15 level before the pullback. like maybe to 16 1/2 or so then , 20 will be a strong possibility, in
very near term. The strong pull back after the high yesterday is a fine example of how easily
this stock is moved . MM's proly wanted to load as soon as they saw the most recent high
taken out with such strong volume. They know what comes next , 15 -20.john