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

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To: Jenna who wrote (29326)	3/25/1999 6:38:00 AM
From: Jenna	Read Replies (1) of 120523

Watch list for 3/25 marketgems.com Sorry for this, but I can offer the excuses that VRIO offered me and that's boring and I'll spare you. In this watch list is also an explanation of the 'abbreviations' of the criteria used in display mode. Actually this will probably help all of you. An e-mail was sent to subscribers. Watch List for March 25, 1999 Click Launch to access all charts I am very bullish on Micron Technology and bullish on COMS as well. Stock has really held up nicely every day except for Tuesday. In the computer sector I like GTW rather than CPQ. Call contracts from April through June would be be the best way to go. WCOM, CSCO,GTW, MSFT and DELL.. call options as well. We have waited months before these stocks were on our watch list but it could be their time to shine. -------------------------------------------------------------------------------- Today I thought it was time to go over once again the Criteria values that are used in this 'display' of our stock picks.. Don't get intimidated, its easy. I will illustrate the meaning of the 8 criteria below and their abbreviations. That way you can 'see' the stock's chart in your minds eye without the chart.. That is good for a 'quickie' examination of all the list before zeroing in on a particular stock.. What the criteria Values and Abbreviations below actually mean: We will use PSFT in our examples: 2> PSFT - PEOPLESOFT INC .DSO St21V= 9.6 Mc8dC= -16.0 %Hi4 = 85.3 Price= 16.8 %Rnge= 96.0 VL/30= 113.9 W9dB = 1.0 W9dV = 40.9 (St21V)..STOCH VAL 21/3 DY this means that the 21/3 day stochastic is way oversold at 9.6 Now this stochastic is measured starting at the 25% line.. meaning a stochastics of 25 would be exactly on the 25% line and 35 would be 10% above the line.. where does PSFT's 9.6 stochastic fall? Since 9.6 is obviously less that 25 you subtract 9.6 from 25 or roughly 14 which is very oversold. This number means does not mean much on its own but since PSFT is on the list and it has had a Wilder Breakout (W9dB=1.0) that means the stochastics could be sloping upward (you need a chart to see). Mc8dC - MACD HST 8/17/9 Day that stands for the MACD Histogram 8/17/9.. You should know this because its very popular. Here we are talking about the DAILY one and not the WEEKLY.. Okay the 8 and 17 are the exponential moving averages and the 9 is simply the 'signal' line which is the difference between the Short Range MA (8 days) and the Long Range MA (17 days) and the Moving Average of the difference which is 9 (signal line).. Now don't get concerned about the computation all you need to know is that the number here PSFT has a -16.0.% That simply means that PSFT's MACD histogram is 16% below the zero line.. not too good.. %Hi4.. % HIGH VALUE 4-WK okay that is simple but important.. this shows that PSFT is 85% shy of its 4 week high, not a breakout but moving along. We'll skip the price and the next is very important the %Rnge= Daily Range This means that yesterday PSFT closed at 96th percentile of its intraday range on Wednesday. Its like getting a 96 on a test when 100 is the most, not at all bad. VL/30.. 1/30-DY VOL RATIO simply put means that any number above 100 is the percent above the 30 day average volume for PSFT.. Since the number is 113.9.. it means PSFT's volume was 13.9% more than 30 day average for PSFT.. not great but okay. W9dB=1 WILDER BRK 9-DY is important. It means that PSFT had a Wilder 9 day breakout yesterday the 1 is the indication it was 1 day away. a number of 3 means 3 days away and a negative number means a negative breakout happened.. To continue illustrating the Wilder 9 day breakout, stocks 1 through 4 have had Wilder 9 day breakouts on Wednesday. In this example with NITE note the W9dB is equal to -2, dthis means that NITE actually had a NEGATIVE Wilder breakout 2 days ago.. .NITE - KNIGHT/TRIMARK GROUP INC CL A .INV St21V= 75.4 Mc8dC= -65.0 %Hi4 = 88.9 Price= 52.5 %Rnge= 56.0 VL/30= 87.6 W9dB = -2.0 W9dV = 52.6 W9dV (Wilder 9 day value) for PSFT is only 40 and that's in safe territory because 30 is considered oversold and over 70 is considered overbought... So since we will have these abbreviations for a while you will now know exactly when they mean. Occasionally I will slip in another 'indicator' but will mention what it is exactly Criteria Criteria Values __________________________________________________ STOCH VAL 21/3 DY display only MACD HST 8/17/9 DY display only % HIGH VALUE 4-WK display only STOCK PRICE display only PERCENT DAILY RANGE display only 1/30-DY VOL RATIO display only WILDER BRK 9-DY display only WILDER RSI 9-DY display only 1> DRIV - DIGITAL RIV INC .INT St21V= 47.5 Mc8dC= 2.0 %Hi4 = 87.3 Price= 36.8 %Rnge= 92.0 VL/30= 57.7 W9dB = -37.0 W9dV = 50.8 2> SONE - SECURITY FIRST TECHNOLOGIES .INT St21V= 48.9 Mc8dC= -161.0 %Hi4 = 89.1 Price= 62.5 %Rnge= 98.0 VL/30= 35.0 W9dB = N/A W9dV = 49.2 3> VRSN - VERISIGN INC .INT St21V= 67.2 Mc8dC= -133.0 %Hi4 = 97.8 Price= 121.9 %Rnge= 62.0 VL/30= 101.9 W9dB = -6.0 W9dV = 62.2 4> NITE - KNIGHT/TRIMARK GROUP INC CL A .INV St21V= 75.4 Mc8dC= -65.0 %Hi4 = 88.9 Price= 52.5 %Rnge= 56.0 VL/30= 87.6 W9dB = -2.0 W9dV = 52.6 5> CEFT - CONCORD EFS INC .DSE St21V= 7.7 Mc8dC= -52.0 %Hi4 = 82.9 Price= 28.5 %Rnge= 84.0 VL/30= 167.8 W9dB = 1.0 W9dV = 35.0 6> PSFT - PEOPLESOFT INC .DSO St21V= 9.6 Mc8dC= -16.0 %Hi4 = 85.3 Price= 16.8 %Rnge= 96.0 VL/30= 113.9 W9dB = 1.0 W9dV = 40.9 7> AMFM - CHANCELLOR MEDIA CORP .BRA St21V= 17.5 Mc8dC= -16.0 %Hi4 = 85.1 Price= 41.9 %Rnge= 100.0 VL/30= 59.8 W9dB = 1.0 W9dV = 36.8 8> MISI - METRO INFORMATION SVCS INC .DSO St21V= 19.9 Mc8dC= 32.0 %Hi4 = 78.7 Price= 17.8 %Rnge= 100.0 VL/30= 421.0 W9dB = 1.0 W9dV = 45.3 9> CDN - CADENCE DESIGNS SYS INC .DSO St21V= 24.4 Mc8dC= 30.0 %Hi4 = 96.3 Price= 25.1 %Rnge= 82.0 VL/30= 111.2 W9dB = 13.0 W9dV = 57.2 10> CSCO - CISCO SYS INC .INT St21V= 56.6 Mc8dC= -32.0 %Hi4 = 97.7 Price= 104.4 %Rnge= 98.0 VL/30= 82.1 W9dB = -37.0 W9dV = 53.8 ________________________________________________________

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