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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: DonnaS who wrote (70632)11/10/1999 12:37:00 PM
From: macduff3  Read Replies (2) of 120523
 
I agree with you about the difficulty of playing Watch List stocks. The good plays move up at the open and I am not about to chase. I have gotten burned to many times.

I have experimented (with some success) buying those that have quality charts but whose price has not yet moved. In affect, trying to buy before the move. For example, review yesterday's daily chart for WL#1 and #11 11/10--both look promising. Today they are experiencing nominal price moves on better than average daily volume. Hence I took positions in both in "anticipation" of a move tommorrow or the next day. I have had a fair degree of success.
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