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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: aliveinsf who wrote (20698)12/29/1998 12:56:00 PM
From: Jenna  Read Replies (1) of 120523
 
NDB..was more than just 'mentioned'.. it was the stock highlight of the day..and yes up 100%..and an excellent pick. More than to bring this stock to your attention and 'highlight' it as #1 potential stock pick for today in a watch list that came out at 11:00 p.m the night before is not the scope or focus of our service. Stock selection sights are usually satisfied if they have a 1/2 point gainer and consider that a good day (been at many, done it).

What you should be looking at on the watch list to take a position is exactly what you would be looking at if you were trading on your own.. Technical signs of a breakout.. for daytraders it is an intraday breakout. for swing traders it is a breakout but the position would not necessarily be closed that day. For a stock that appreciates over 50% in one day it perforce becomes a daytrade simply due to the huge runup and your desire to get out before other profit takers begin eroding the price.

For me a stock that closes at 14 and reaches 28 15/16 is up 100% because in my computations a double of 14 is 28.. notwithstanding a 2 1/2 gap up. Even if you got only half of that it is a 50% gain. It is also important have at least the fundamentals of a trading system.. There are stock selection sites that basically 'do it all' for you. Pristine Day Trader is an excellent . thhey tell you to get into a price if it is trades above a certain price. www.pristine.com.. Their service is a model of 'professionalism' which we admire. Their price structure is about 300% more than ours.
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