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Strategies & Market Trends : Attitude Alphabet Project

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To: Doug R who wrote (61)5/30/1999 2:36:00 AM
From: Doug R  Read Replies (3) of 670
 
Project results....Week 2.

symbol.......5/21 close.......week high (%).......week close (%)

AMBI 2 1/4 3 (33.3) 2 5/8 (16.6)

APOG 12 1/4 12 3/8 (na) 11 15/16 (-2.5)

BIOI 4 3/8 5 3/8 (22.8) 4 7/8 (11.4)

BPLX 5 5/16 6 (12.9) 4 7/8 (-8.2)

CMED 13 1/2 14 3/16 (5) 14 1/8 (4.6)

CRRR 13 13/16 13 7/8 (na) 13 7/16 (-2.7)

DGIT 7 1/8 7 1/8 (na) 5 15/16 (-16.6)

DSPG 29 1/2 29 1/2 (na) 26 9/16 (-9.9)

EMCG 22 7/8 23 5/8 (3.2) 22 5/8 (na)

FMAX 9 9 5/16 (3.4) 8 7/8 (-1.4)

FRTE 5 5/8 5 7/8 (4.4) 5 3/4 (2.2)

GBCS 2 11/16 2 13/16 (4.6) 2 9/16 (-4.6)

GSNX 13 7/8 13 7/8 (na) 12 1/8 (-12.6)

HSTR 7 7/8 8 1/8 (3.1) 7 3/8 (-6.4)

LCCI 4 5/8 4 3/4 (2.7) 4 3/4 (2.7)

LPAC 4 1/2 5 7/16 (20.8) 5 5/16 (18)

MIND 4 1/2 4 3/8 (na) 4 5/16 (-4.1)

NEOM 5 11/16 5 15/16 (4.4) 5 1/4 (-7.7)

OPTK 6 7/16 6 11/16 (3.9) 6 1/4 (-2.9)

PMIX 3 3 1/16 (na) 3 (na)

ROS 7 7/16 7 1/2 (na) 6 11/16 (-10.1)

SMTS 3 13/16 4 15/16 (29.5) 4 1/2 (18)

UCMP 6 1/4 6 1/4 (na) 6 (-4)

WIDE 7 13/16 8 7/16 (8) 7 1/4 (-7.2)

WMAR 13 3/4 13 3/4 (na) 12 7/8 (-6.3)

Once again it is evident to:
Wait for price to initially move over Friday close to enter.
Go with those that move over Friday close on good volume.
Don't fail to take profits. Once the price is over Friday
close, use that price as initial stop and use trailing stops
as the move up progresses.

The market was generally weak last week.
With only 5 stocks in the group moving up over 10%
intraweek, the condition of the overall market had its
affect. Even so, that's 20% of the stocks submitted
with double digit % gains. Still quite impressive.
3 closed the week with double digit % losses. Using
entry and stops as described above would have
kept those out of the picture though.

Those with bullish chart tendencies that remain are:
AMBI
APOG
CMED
FRTE
GBCS
LCCI
LPAC
MIND
OPTK
PMIX
SMTS
UCMP
WMAR
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