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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (44466)6/15/1999 3:06:00 AM
From: pooh  Respond to of 120523
 
I surely hope you'll be back soon enough since the net has been down so much. I'm afraid that when it start turning around, I'll be overwhelmed with too many choices, become undecided, then finally let the net rally passing by.

It would be great if you call to our attention your primary choices. I'm now printing out bunch of charts and study its TA indicators to see which will offer the best potential rise, but I personally know and trade only a handful of net stocks.

I don't really understand your "radar" stuffs, but, please have a good vacation. Seems like you are staying up late again.



To: Jenna who wrote (44466)6/15/1999 3:08:00 AM
From: 8-Ball  Read Replies (1) | Respond to of 120523
 
Having read through hundreds of posts the past few days I have to believe we are near a bottom for some of the i-nuts. So much negativity. Then with todays big blow off to the down side...seems to me nobody has any more shares left to sell :-) Assuming the CPI number comes within range (or a tad bit lower than expected) I bet CNBC will have a whole truckload of analysts & technicians saying the selloff was overdone, the FED is only raising a 1/4 point, rates are still extremely low and hey we are coming into the earnings season!! All of a sudden the selling turns to buying. I might be right or wrong I just can't see this as the end of the great bull market. Not without a last attempt to push the market higher. After the earnings are out I can see mid-July through October being ugly. Tomorrow will be interesting. Tomorrow afternoon will be the last time to buy before the CPI #. If we see fairly good buying toward the close I think we might see a decent rally after the #'s are released (don't you think some of the REALLY big money already has a fairly good idea of what is to be reported?). Just some late night thoughts...hope all the i-nut mania is not over...its just to much fun around earnings season!!



To: Jenna who wrote (44466)6/15/1999 5:41:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
AOL.. would like to go long this morning but waiting cautiously. EBAY, CMGI and YHOO.. all puts up from 11 points on Monday, Did not buy any nets even at the days lows.. Others bought AOL at 92 to 95 only to see it down to 90 at day's end. So although I only got about 5/8 of the EBAY profits, I didn't lose by buying before the bottom was reached, Now the futures are showing a bias downwards (Nasdaq futures down 2) and I am really looking forward to selling them at a further increase but would expect a rally around 10:30 a.m. If they rally I will go long but will not be doing anything fancy.. Very few traders actually understand what is happening and are only taking potshots at these plays, sometimes winning but mostly losing but claiming to know what is going on... that would be cause for mirth, but the individual investor is being led astray by 'predictions'.. by self proclaimed gurus that were 'missing' while SWS, NTBK, BNBN, AOL were tanking.

I don't know what will happen but would hope that as July earnings seasons draw nearer, the earnings plays will afford more profits as they have in June and of course the Internets also giving us some gains. I think the fractional gains in the European markets this morning will be repeated in our markets.

touted and hyped and results:
 
ITG
DATE CLOSING PRICE OPEN HIGH LOW VOLUME
-------- ------------- -------- -------- -------- -----------
6/14/1999 34 36 11/16 36 11/16 34 266,300
6/11/1999 36 7/8 39 39 36 246,200
6/10/1999 39 40 3/16 40 1/4 38 7/16 138,300
6/09/1999 40 7/16 42 5/8 43 3/16 40 282,500
6/08/1999 42 9/16 43 3/4 43 3/4 41 5/8 264,200


CMGI

DATE CLOSING PRICE OPEN HIGH LOW VOLUME
-------- ------------- -------- -------- -------- -----------
6/14/1999 75 7/16 87 1/2 87 3/4 75 11,173,700
6/11/1999 89 3/4 95 1/2 96 1/2 88 3/16 10,965,500
6/10/1999 101 1/2 101 11/16 104 99 1/2 5,384,100
6/09/1999 105 1/4 107 3/8 108 1/4 102 1/4 5,947,500
6/08/1999 104 5/16 109 15/16 113 11/16 103 1/2 11,415,200
6/07/1999 107 1/4 97 5/8 109 96 5/8 10,388,600
6/04/1999 94 1/4 90 7/16 94 3/4 89 1/4 5,376,600


 SFE
DATE CLOSING PRICE OPEN HIGH LOW VOLUME
-------- ------------- -------- -------- -------- -----------
6/14/1999 60 65 1/4 65 5/16 60 854,800
6/11/1999 66 68 11/16 70 65 1/16 500,100
6/10/1999 68 1/2 70 1/4 70 1/4 67 5/8 546,400
6/09/1999 71 69 71 1/4 68 7/8 824,600



I don't mind calling these stocks for a day or two, but the incessant touting and claims were outrageous... where are the touters now?



To: Jenna who wrote (44466)6/15/1999 8:00:00 AM
From: Jerry Olson  Read Replies (2) | Respond to of 120523
 
Morning Jenna

having a good time i see???..always checking in, watching us, just like a mother hen<g>...hope your rested..because the fun is going to begin in earnest as we move thru the end of June..

all of us, and i mean ME included, have taken hits on stocks we hold in our long term protfoloio's.. if you buy and hold then it HAS to be expected...So the Gemmers here, just have to sit tight...

as for the trading accts???, that's different...we must be able to switch gears and go with the flow...when they say the trend is your friend, it is...i have never shorted so many stocks ever in my trading life...i have been going to cash every night...

it feels good...i don't like the downside...i like it long much better...and when this passes, and it will, then we can hold longer, and let our winners run more...

right now..preservation of capital is of the utmost...earnings season should be stellar...i expect to recapture lost funds trading MG great picks...what we have to be careful of, this is warning season...and going to cash each day protects us all from a devestating early warning overnight...

with FOMC coming on the 29th, and an expected rate hike eminent...we should use extreame caution taking positions in any long term investment stocks...till after the meeting and after we have the effect of that meeting...good or bad...

we can, as always trade each day, hit & run style at it's best, up or down, short or long does not matter..take those 2-3-4-5 points and be happy...i am..and lovin' it...it's fun and profitable...

anyway, glad your rested and ready...Gemmers let's get ready to rumble..

OJ....