SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry Olson who wrote (93721)4/17/2000 1:36:00 PM
From: Andrew G.  Read Replies (3) of 120523
 
Only charts to look at are indexes, OJ. Same as last week. No de-coupling.

With rare exception, whatever direction the market goes, so shall your stock if it is a component of an index.

Last week I made de-coupling of the trading patterns of these index component stocks my primary criteria for being able to select momentum picks to buy for a mult-day position versus day trading.

There is no momentum stocks that I can find among the high-tech large to mid-cap groups. The market looks tepid and there is almost certainly not sufficient cash reserves in mutual funds to sustain a rally for several days. The estimate I quoted yesterday of approximately $1 trillion may be redistributed to a select few large techs in the Nasdaq and a few news driven stocks on a day trade basis. We will not see last Mondays stock prices for MOST tech stocks for at least a month or two. I feel very certain of that.

It looks to me like you can do one or two things today: Day trade a long/short position (best done on an index or trust like QQQ) or buy n' hold (Jenna's favorite ;-) <VBG>

Judging by the postings here so far, it appears that you are all going to stick to day trading and closing out positions by days end. Agree ?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News