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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (66)4/21/1999 1:21:00 AM
From: Lawrence Burg  Read Replies (2) of 397
 
CNRS made my 1st cut too.

Others that look good, from various lists...
TEXN
AFWY
AGAM
FRAG
JBAK
NTRX
RUSH
TPEG(W)

ATS is a favorite of mine lately. I'm making a bold call on the Momos
thread later.

Stock to hold...
FLS
GRERF
FFD

To exit or crank up the stock loss...
BTGC - unknown optimism moved it back up and look slike it might spill
into tomorrow. Nothing to play with, I'm just looking to get my money
back on this one. The momentum failed miserably just as it got started
last week.

NMGC got a ride on ESSTs coattails. ESST had poor breadth, which is why
I dropped it looked like lotsa selling. NMGC could run some more as the
market anticipates a similar large earings surprise from them, but be
very careful. NMGC is apparently subject to arbitrary swings fromt he
options players. Bad fundamental pick, apparently. Same thing, looking
to recoup some of my near term loss.

Stocks to watch, as they are either not quite ripe, or too violent...
MMPT, a TJoe favorite. I traded it for 3 point around $45. It has since
tanked to $31. Very volatile.
LOCK, news yesterday. watch for a repeat groundswell. TA not good.
MBHC, not good breadth on the move. lotsa selling still going off.
MTLM, what a prototype...may stall here though.
NSIT, TJoe rumor of a buyout tomorrow @ $31
SSTI, touch & go, but charts are bullish
IAIC, still early
PRFM, early
STRX, maybe, a last mile fiber optic play w/biz in Germany. Has it for a
while, but it dogged and I exited. Looking more bullish now. Was a
favorite of Jenna, SI top 5 bookmarked people
TAVA, TA marginal, but Y2K has to heat up soon. It's been knocking on
the $6 200 & 50DMAs repeatedly the last few days.
TNRG, waiting for it to cool. Completely new crowd into it now. New
expectations...
TURF, another TJoe fav, a teenage IVillage, going through a post IPO
crash...

Those I tossed out
AFFI, weak, despite (or because) being a TJoe fav
AXC, despite all the good news
CBMI
HCOM, another TJoe fav, but weak
CICI, gave out. Got lucky to receive a PR which let my limit sells get
executed at 2 1/2 & 2 11/16...13% in 8 days.
CNX
CTZ
DMIL
EGAM
ESST, weighted towards selling
IMNR
LTXX
MLOG
MODM
NVDC
HIRI
PZL
AZR
USAB
WWES
GNSA
WORK
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