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

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To: Jenna who wrote (48428)11/16/1999 10:27:00 AM
From: Jenna  Read Replies (3) of 120523
 
Hope you all saw EWEB +93%, and listened about HOTT.. EWEB was fun still plenty left there even with a morning 1/2 point gap up. AGIL, I knew it would move suddenly just like GOTO did yesterday. LCOS did well but all is closed now.. HOTT up 4 1/2 called out numerous times yesterday, 2nd day of gains there and hot last week as well. Stock #6 WL 11/16 looked the best today for me since it was cheap and I don't feel like putting any big bucks into market just yet. Bought some COF option calls just in case..

Also don't neglect the oil service sector on a day like today, I chose stock #3 to represent that sector, but I also like SLB.

Now I have a mini strategy for stocks like GOTO and AGIL.. depending on past performance. If they close within 25-30% of their intraday high and the range was in an expansion, and the +DX or ADX is still holding steadily ABOVE the -DX , you can expect sudden up movement the next day. Of course this is just for advanced traders as without a stop and risk management you could have dire consequences.

techstocks.com
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