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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: JavaAdict who wrote (47272)	6/30/1999 12:10:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

Java.. first of all the stocks have a span of sectors.. so say the nets are down solidly, that will probably wipe out 40% of the picks right at the get go.. Then say that the techs are down also.. okay now you've lost another 20-30%.. SO you only have 2 or 3 picks from cyclicals or other sectors that might move and you can narrow it down like that from the beginning.. Most traders no matter who they happen to be start with a list of stocks in a database that they watch.. Usually its about 100-200. Occasionally they might even look athe the entire market as fair game and buy as the momentum presents itself. By narrowing down the field to 10, then adding a) intraday updates b) some explanation of the technical patterns of the stock which indicate why the stock was chosen in the first place c) instructions on using particular trading strategies you have a good head start. We can lead the proverbial horse to the water, but we don't want to make him drink.. He has to learn to drink on his own. Hand holding web sites that are baby sitters are charging you for the privilege anywhere from $300 to $750 a month.. and even they don't stay with you for the entire trading day and offer as much explanation, technical analysis, and good choices. For our price of xx* a month for the watchlist and and the possibility of at least 2-3 trades a day, sometimes much more, we give more than the expensive sites. and most of all because of our large subscribership, we leave you with enough money at the end of the month to buy the best software, books, CD's and everything you need to be a successful trader. You also can build your own nest egg with the money you save on the subscription. I already have mine. *http://www.marketgems.com.. check it out. I don't like to talk prices on the public thread, its not mine it belongs to Silicon Investor.

To: JavaAdict who wrote (47272)	6/30/1999 1:22:00 AM
From: SMALL FRY	Respond to of 120523

JA, It appears you have more than enough answer from the headmistress herself... we derive our buy signals from technical indicators. WITC's momentum is due to an enticing business model and timely success of IPO's it has participated in... there's not enough money in this thread (assumption) to generate the momentum it had. You have to develop the nose to sniff out those stocks coupled with lotsa research... SF

To: JavaAdict who wrote (47272)	6/30/1999 7:52:00 AM
From: lee kramer	Read Replies (2) \| Respond to of 120523

JavaAddict: SF's probably snoozing or still counting all the money he made yesterday so I'll jump right in. "Will somebody hold my hand here?" you cry. I'll hold your hand, I'll hold your elbow, I'll hold your patella, your hat, your mail even. "Are there NO codes or indicators?" you ask. Nope, none. Just a secret decoder ring. Send $25 to me, I'll send you one. As for momentum...I suspect that Gemmers were net sellers of WITC yesterday...many of them having bought the stock between 12-20. And as for "Beyond the Bordello" (you can turn a neat phrase, I like that) what I do, after years of study and painstaking statistical analysis is this: I take the first watch List selection and flip a coin; heads is buy, tails is pass. I go through the list of ten and I'm left with several buys. I flip, flip, flip until I've only got two left. Then, to make my final choice...the one I'm gonna go with, I call Capt. Tomato, my loyal dog. I say "Capt. Tomato, gimme your paw." If she lifts her left paw, I buy the first one, if it's the right paw I go with the other. Capt. Tomato has a great track record by the way. This is how a professional trader (that's me) works. (Lee)

To: JavaAdict who wrote (47272)	6/30/1999 9:28:00 AM
From: Rose K	Respond to of 120523

JavaAdict: I know how frustrating it must be not knowing what to do with the Watch List. Unfortunately, there is no magic method that will get you the answers you are looking for. I was in your position at the beginning of March when I joined Market Gems. At times I still feel that I don't know how to pick one or two stocks for the Watch List or the earnings plays because my technical analysis skills are still so very rudimentary. I think that there is no way to be a trader without using technical analysis (reading charts and technical indicators.) It takes some effort to learn to do this. However, this is a skill which you will have for the rest of your life and you will be able to read a chart on any stock, commodity, or index. I wish there were an easier way to learn to do this, but we must all study to obtain the skills needed. Below are some books that you might start with on your quest to becoming a good trader. Take a look at the descriptions at Amazon.com. Others on this thread may have other suggestions, but without some knowledge of technical analysis, trading is not possible. I hope that this helps. The Visual Investor by John Murphy Smarter Trading : Improving Performance in Changing Markets by Perry J. Kaufman The Elements of Successful Trading by Robert Rotella Trading for a Living by Dr. Alexander Elder This is just a starting point. I'm certain that you will find other great books as you do your research. Good Luck, Rose