Gang, I am back and with a Pristine/Market Gems that will be all and more than I even anticipated. First of all, I have learned an invaluable lesson: We have the best of trading tactics at our our backyard for the past 4 years, the EARNINGS PLAYS and only in down markets can we really appreciate our COMBO: Techno-fundamental Analysis of the Earnings Plays and Momentum Plays.. In speaking with scores of traders I have seen the vast interest in swing trading and trading 'fundamentally' strong stocks as opposed to just momentum stocks.
I have also been surprised to see how well "Pristine's" daytrading tactics work with Market Gems plays as well as their own plays and we will be incorporating a number of them in our 'Real-Time Trading Forum'. I have also seen how daytrading techniques have been fine-tuned to a science by Pristine for display internationally and there really can not be that much we will add except our own specific brand of watch list plays and a handful of Market Gems own particular day trading techniques. The combination of Pristine's Day Trading Techniques and Market Gems picks should be nothing short of explosive.
I have seen the importance and profit making potential of our coming Market Gems Book, which is now becoming quite lengthy with simple and some more advanced trading strategies.. Although even the most advanced are relatively straighforward and uncomplicated. We have numerous 'real-time examples' of actual trades and how and why they were entered instead of just 'what if and what should' be the patterns before entering a trade.
I have isolated the dozen or more trading tactics that have made Earnings Plays probably the sole best swing/short term trading tactic ever devised that gives you directions as if you were an investor yet at the same time gets you safely out of the stock from days to a number of weeks BEFORE earnings, and then gets you back in when the 'volatility' subsides and profit takers are shaken out, in about 1 out of 7 plays we hold from quarter to quarter (3-6 months).. Looking at our previous lists of 'looks like this play will be an intermediate hold' stocks have gone up from about 400-1,000% and more since October 1999.
I have seen at the Pristine Seminar how you absolutely must have a 'book' or 'manual of your own strategies' that are a precursor to any watch list, or earnings plays. We have that book. There are too many strategies that go nowhere, do nothing and just sound like they came out of a theoretical mathematics textbook. There are too many plays that are entered way too late on "news" when you should be preparing a game plan to short rather than go long. Throw them all away.
I have seen how our 1 day plays which have gained from 25% to 75% have actually been taken home without adequate appreciation of what we actually had in our hand and were 'risking' for the 'possibility' of more in the next day. I have also here isolated over a dozen of our best day-trading strategies that have worked for over 4 years but now form a "HOW TO" manual instead of just reading books that are not related to our special style of stock picks.
There is no great profits in just day-trading alone without swing trading and/or position trading (Market Gems Earnings Plays and Pristine's Day Trading Techniques for Momentum Plays) But only in a COMBO of both can we pull a trade out of our hats every day.
There is no maximum value in a watch list without a real time trading forum. They are not mutually exclusive. You really need both for highest profit potential. There is not enough value in 'typing in eons of words' in a trading forum without charts, and WORDS, TALK that you can hear.
And finally, there is nothing better than a melding of minds of the best traders it has been my privilege to meet.
Market Gems will soon continue with its "Earnings Calendar", before April begins. We will have a 'Real Time Trading Forum' which will call and discuss 'buys' in realtime of both our Watch List and Earnings Plays. We will have daily "smash and grab" plays meant for a number of hours as well as 'swing trades' that should be good up to a week or more. We will have constant instruction, visits, from Pristine's Master LEVEL II trader who is undoubtedly one of the best Level II traders and instructors in the country and probably the world.
The Market Gems Watch List and Earnings Plays will be constructed as before, meaning that you don't have to join a real time trading forum to get information, charts, analyst opinions, news, etc. They are made to be self-contained but you can enhance the trading experience with our real-time calls.
Every Earnings Play will begin with "Fundamentally Strong stocks" but end with entry ONLY through technical charts. We will find the plays with 3 digit growth and those making their first positive quarter or a less than anticipated negative quarter.
Every Momentum play on the Watch List will scan for REVERSALS in Strong Relative Stength Stocks in temporary corrections. For example:
with our Doji, Engulfing, Harami, Shooting Star, Narrow trading range, explosive volume, 20 Day Moving Average breakouts, Trending Indicators like the ADX, Point & Figure Breakouts, Parabolic, Volatility breakouts etc. In every case we will be looking at the daily charts and entry will be from the 10 and 15 minute charts.
Our gap plays will be different from usual gap plays because of the "bullish breakaway" gap we are so familiar with. Everything will be explained clearly and simply.
We will also be increasing our own Pristine/Market Gems research for those 'rare' plays that have been our favorites for a number of years. Two of my personal favorite 'analysts and traders' will be joining the Pristine/Market Gems team and we will let you all know details as they become 'formalized'. One is a prolific longer term trader while the other is an exemplary 'daytrading scalper' and researcher to boot. Market Gemmers will be happy to note they have been with Market Gems thread for over 4 years. |
