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

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To: LastShadow who wrote (8670)4/28/1998 8:57:00 PM
From: LastShadow  Read Replies (1) of 120523
 
Watch List 4/29, Position trading, and Market Assessment:

ok...so I'm tired...

SYMBOL CLOSE CHANGE CHANGE %

COTTF 6.000 0.062 1.05%
CPU 18.062 0.437 2.48%
CRUS 10.750 0.437 4.24%
EGRP 23.187 2.062 9.76%
FGII 41.000 1.750 4.46%
FONR 2.281 0.078 3.55%
FORE 21.187 1.937 10.06%
IFMX 9.437 0.406 4.50%
MDYN 13.375 0.875 7.00%
MTIC 15.375 0.375 2.50%
NKE 48.437 1.375 2.92%
NOVL 9.469 0.031 0.33%
NSCP 25.062 0.312 1.26%
PNF 5.062 0.125 2.53%
RATL 16.750 0.750 4.69%
RMBS 42.875 0.250 0.59%
SUNW 40.500 0.562 1.41%
SYQT 3.000 0.250 9.09%
ZITL 8.406 -2.406 (22.25%)

ZITL is on the list just to watch for rebound.

NSCP appears to be forming an ascending pennant.

FORE might succumb to some profit taking at open

COTTF, CPU, FONR and PNF are Position Trading Account stocks
that look to have double bottomed or some other indication of
reversal.

I exited SALV at .41 - Never overlook the penny stocks, 300%
is still 300%....you just have to buy a lot more shares. I tend to
automatically look to the small and miro caps when the market
tanks. Experience tells me something interesting always
happens there when the high dollar stocks go south.

There is no long/bullish list other than the stocks in the Position
Trading Account and because I didn't post a Watch list for today.
To explain for newcomers, the long/bullish list is comprised
of stocks on their 2nd, 3rd, etc. day of posting - indicating
continued opportunity for reentry and additional gain.

The market met my criteria for "doing no worse than flat"
so I now look for the market to be up for the rest of the week. I
don't see anything bearish in the net, but that isn't everything.

We'll see...

lastshadow
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