From Daniel J. Zanger:
"
1-28-98
Hello out there stock trading fans. As you know last week on
monday we had a good follow though to the prior Friday's spike, which
was followed by 4 days of consolidation. Actually it was just a pause so we could tune in on zipper gate at the White House. Seriously folks, you will find this 4 day thing is common in stock trading.
Today we had many positives on all fronts. A break away gap on the
Nasdaq to me is the most positive. The dow is about to make a break of the descending trend line, the transports had a huge move equal to 220 dow points.
You know the market or individual stocks are in good shape when they
do the right thing when they are supposed to, such as they did today.
Maybe you are wondering as to what I saying, but over time you will see this especially if you have a chart program such as A.I.Q. or Meta stock or something equal. Anyway these thing are day counts that the pros use to set up stocks. So don't forget these counts . 4 days, 2 weeks, 6 weeks, 8 weeks, 4 months, 9 months. Print this or memorize it as these are the most important things you will need in stock trading and timing that you will ever find!
So I'm still holding my stocks because they are still "doing the right thing".
Here is a list of many stocks that are doing the right thing.
STRX ,BAAT, TDFX, PGNX, SFSK, TWMC, SKYW, DGII, ALK, MERQ, RNWK, ADVP, MRK, CSCO, TXN, SMTC, LGTO, NXLK, RCNC, SCMM, SEIC, WWCA, GILD, ICIX, IMNX, INHL, MEDI, ONSL, AXNT, NXTL, SMOD, ANLT, ALNK, CHSE, ANEN, MAST, SAPE, ANDW.
I kind of like most of these, but now all my dough is tied up in
SKYW, TWMC, FRO, so I'll just sit back for now. But if you are a good trader you sure will be able to find an entry point in some of these.
Daniel zangdan@ix.netcom.com
"
Thanks Dan for sharing with us your picks. |
