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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (94)4/30/1999 4:32:00 AM
From: Lawrence Burg  Read Replies (2) of 397
 
Best...GERN, RLLY, KMX

Noticed ASTN on there again...we must be retards. We need to stay on top of the strongest movers and buy on the dips and pullbacks. RACE too, but I just looked at that after Wednesday, so no excuses there. It didn't show me anything.

ARTI looks good for $8, to the 200. News has got to be due. Didn't check the threads on it though.
ATIS...didn't we have it on the 12th. Did a nice little dip and run off $3. Don't chase it w/o fundies.
AVTM strengths kinda mixed. pass
CXIM looks real good...what do they do?
CYTL bad trends
Checked DSTR yesterday...kindof a gimme, huh? I thought it might correct a bit today. I'd still wait for a little pullback.
EISI, like the break over $3, but TA-wise not excited.
FLXI, think my data is screwed. pass
FONX...now here's a good one. Has potential, as we have it early. A pretty good technical turn up is forming. Jump on if the volume keeps coming in. Check the fundies & rumors.
GERN. Yes. this one drove me into the top 20 on the Yahoo Challenge last year. Has lotsa potential. Embryonic stem cell stuff, don't let the profile fool ya. Cutting edge Biotech. Spy vs. Spy. One of the few traded companies in this sector. News must be imminent. Should be an excellent Momo, but quick. Stay on top of it. I'd say it's the best pick so far, based on what I know of what they are.
LDRY looks real good, wait for it to crack $8 on volume.
MARY, cool name, good trends, looks good.
NETM...shouldn't miss this one...it's a favorite...but I gotta say, not yet...watch it tomorrow, $2 1/2+ & 1.5M...
RACE...another favorite...it sure is tryin'...waht's the story this time...?
RLLY...can't get the 1 or 5 day chart...Something must be up, a good daytrade...
SPGLA nice turn forming, but not much strength yet.
TELT Lucent rumors, TMex push today, but it held...daily watch...shoulda had this 3 days ago, which is likely when stockrumours.com found it...

Mine...& some from yesterday
CICI riding the 50DMA as the momo corrects. Wait.
GMGC defintely bite on any retrace to $4.
GRERF must be consolidating. Low volume. Momo flatlined mostly, but still has potential.
IMNR like I said yesterday. Slow, strong steady. If we could ever reduce our greed, we could do real well w/picks like this...
MIMS...watch...
OBJS might pull back a bit, but it's still healthy...
PANL...same
QTEL also, look for $1.50
SESI, slow & steady & healthy
SGII taking a little breather...
WWES also taking a breather. Retested the previous 52W as a support. Stil awaiting rumored news

My NYSEs

ATS finally had a red day, after (count 'em) 3 even and 11 green days. Man do I feel like an idiot. Called it at 3 1/2 last week. Topped today @ 3 5/8. Ii will be watching this one closely

PIN...what can I say. It seems to underscore the strength of NYSEs once they get moving. The CAS news didn't phase it much, and I could've achieved my 1/8 point gain easily today as it rebounded on management shift news.

New NYSE's

BDT - Breed Tech, air bags 'n stuff. Momo is running strong. good action today. Should be good for $1-2 over the next 2-3 weeks.

KMX - CarMax (Hello Max...:o)) Circuit City. $65 sales/share and rising. Just starting to break out $5 easy. Just starting to cross up. Call me an idiot in a few days if I don't buy some of this...

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