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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 (94450)	4/23/2000 5:57:00 PM
From: Jenna	Read Replies (1) of 120523

<<SUBSCRIBER NEWS!>> The newsletter for April 24 through April 28 is ready. It is 17 pages long which is why I decided to NOT to post on the calendar but in BOTH a .PDF format "magazine printing quality" and there is an .html version as well but I advise to print out the .pdf version. The reason it is that long is because these plays will be utilized in the future as position trades, intermediate holds as well as repeat "Watch List Plays".. The last two newsletters will be good as well, but this new one is very comprehensive. The calendar will return after I get back from New York since the changeover of servers also involved learning Dreamweaver instead of Front Page and I wanted to facilitate the newsletter rather than take on any new endeavors. The trading room 'sign up' should be ready in a week or two as we want the transition to be easy and planned out in careful detail. The "Market Gems Manual" will be available shortly (within a week) in .PDF format only. This will be excellent because of the 'color' quality and formating that might be lost in 'printing' a bound version.. It will be a long .pdf file that I might put into 3 parts of 40 pages each.. One is ready with 100 pages already but I want to wait until this week is over before finally putting it on line. Update .pdf files will be available as 'add ons' when new market situations enfold (i.e. more shorting strategies, selling the gap up which was not in demand in the first quarter of 2000 but is now)... In the future, watch lists will tie in more directly with the "Earnings Plays".. This only means our 'momentum plays' will be taken for the most part from the earnings plays for the most part so we can use a 'dependable' database of 50-75 stocks that are known entities rather than tracking through a database of 8,000 daily for 'hits'.. without knowing anything about the company except for 'news' that might not lead to sustained uptrend of the stock. Of course, news plays are important when they are timely and you can get in so we will be working on implementing into the trading forum the 'best' real time news data we can find. Position Trading is nice in theory and the word envokes confidence but I have yet to see any real position trading done in the last 5 weeks or more. Day and/or Swing Trading with 5 point gains makes for 'hit 'n run' smart and excellent profits and that is what the present market climate evokes. If and when we see an 'all clear' alert like we have seen from Barron's this week, we may hold a bit longer but we are not advocates of the 'buy and hold until you lose 50-80% theory'. As I mentioned before charts are NOT everything, not even for daytraders and whenever possible we will 'get into' the company and provide as much 'finer points' as possible. Lots of daytrades have turned bad within minutes with good chart triggers, but the ones that lasted longer were always the fundamentally stronger stocks. I was a guinea pig of this strategy for the last few weeks so I'm not just hypothesizing. If we don't learn from our mistakes and stubbornly continue to use outdated strategies, we won't make money. Lots of traders made some money the first quarter of 2000.. but how did they do in April? That is where you apply the test.

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