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

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To: Char who wrote (5637)3/1/1998 1:06:00 PM
From: LastShadow  Read Replies (5) of 120523
 
Weekly Stocks 3/2:

SYMBOL CLOSE

CRUS 10.875
FONR 2.656
FTPS 1.688
IPIC 7.937
PEP 36.500
PFP 13.562
PNF 5.062
PQT 0.750
PXD 23.687
UTI 13.625

Since the daily list is getting a little long, and as those stocks are
very sensitive to market forces, I am going to post ten (10) stocks
weekly. These will be slower moving, oversold stocks that have a decent
upside opportunity, and less risky entry for end-of-day traders. They
have also been flagged technically and neurally as Buy candidates.

I will revisit this list every Sunday for the time being and post
both the progress and recommendation for hold or exit. If one is
removed, a replacement candidate will be added. The minimum criteria
will be that each has the potential to double within a 3 month period.

I will track this account and set limit buys (based on Friday's close)
for 300 shares of each for Monday's open. Stops are set at 8% less than
entry. All profits/stop exits will be rolled to cash pending the replacement
buys. The starting account balance is just over $35,000 including trading fees.

Since the account will use protective stops, I will not post changes to it
other than once a week. I'm not sure if anyone is interested in this, but
if you don't mind one more post a week from me, I'd like to try it.

lastshadow
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