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

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To: Jeff who wrote (3418)10/18/1997 10:59:00 PM
From: LastShadow   of 120523
 
Advice on DSTM in April:

Looking at the chart, and not knowing when my post was made in April, DSTM started the month at 16, peaked at 20 mid month and dropped to its 52 week low of 12, where it stayed until the end of the month. It bounced around in June (high of 21, low of 15) and then didn't start its recent climb until July. Now, I suppose I could go look up the actual date of my post and figure out why I said that, but I think that would be pointless.

My 'homework' does not obligate me to research every stock posted here. I do the best I can, and at times am inundated with requests, but I still try to give my best opinion. Over 1,000 times since April I have responded to requests about others picks. If you read my last post on DSTM, you will see that I specifically said "It has been in a TECHNICAL reversal for the last 7 days. Which it has. And that isnt unfounded. Its a fact, if one knows what a technical reversal is. I looked at the chart and gave you a chartist's opinion.

This isn't a long term stock picking thread - its a traders thread. My outlook is at most 15 trading days, and usually much closer. I probably didn't like a stock in July that I bought a week later. The reason I posted that comment on DSTM was that I sold it two weeks ago. I'm sure the stock is wonderful, I'm sure your analysis is complete and flawless.

Mine isn't. I make mistakes all the time. All I try to do is offer some information information, watch lists that I feel are good candidates for near term growth, and give my feel for stock movement when requested or I think I have something of value to offer.

But, hey, feel free to let loose when you "feel its necessary to break my stones on my lack of insight..."

lastshadow
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