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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: hoffy who wrote (258)5/27/2001 5:15:02 PM
From: Jenna  Read Replies (3) of 1227
 
Frequent short term Trades..
the Leisure-Services Group EXPE, TVLY,
Internet-E Commerce Group ROOM, CRYP TMCS
Comml Services-Misc Group FDS FLYR

Like the gaming sector, we find opportunities to hold for up to a few weeks our favorite group of companies which were "discovered" during the last 2 earnings seasons and are good short term holds. Selling at spike highs or breaks through the upper Bollinger Bands and buys at the bounce off the 20 day or 50 day moving averages. Rarely, if ever do they drop lower than the 50 day moving averages.

Unlike the zig zaq choppiness of a CIEN, JNPR, CMVT, CCMP, these former companies can be held without trepidation. Every earnings season we find about 15 to 20 new ones which are played once again through the next earnings period. I look forward to finding the next EXPE or TVLY and I don't expect to find them in the large cap tech sectors.
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