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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: Harold Boxenbaum who wrote (48419)7/2/1999 9:35:00 PM
From: Adelle  Read Replies (1) | Respond to of 120523
 
Hi Harold,
Glad to see your post, I thought I was the only one left...I'm studying goodies for a soon to be new addition, a DELL computer to add to our GTW computer.
You have a very informative post, a lot to think about. I know your input will be very welcomed on this thread.
Have a very good 4th of July!!
Take care,
Adelle



To: Harold Boxenbaum who wrote (48419)7/2/1999 10:24:00 PM
From: Long John  Read Replies (3) | Respond to of 120523
 
Harold, Welcome to Market Gems on SI. Thanks for your TA advice. Developing your own TA system sounds like what I tried to do. I have experimented with various charting and statistical methods with limited success. My emphasis was on picking stocks around earnings announcement time, and that's what interested me most about Market Gems. Now I am tracking earnings plays for Jenna. My own research is not forgotten, just slipped in priority. I'd love to compare our research. Take a look at my strategies at concentric.net.

I use Quote.com for my historical and daily price data - quote.com. I keep a database of 200+ stocks and get updates by email daily. You can get data in ASCII format for your DOS files. I'm not sure if this is what you're looking for, but thought I would mention it.

John



To: Harold Boxenbaum who wrote (48419)7/3/1999 12:07:00 AM
From: gladman  Read Replies (1) | Respond to of 120523
 
Harold, welcome... hope you are/or will become a subscriber.

I use TA heavily to confirm technicals/trends/entries for Jenna's earnings plays.

For example - take a look at ELNK, I went long yesterday at just under 63, I'm a simpleton, using a combo of OBV, MACD, RSI, Stochastics, Williams%R, DMI & Bollinger Bands - the indicators signaled long.

Did the same for NDB, went long at 35. Good luck to you. Dave



To: Harold Boxenbaum who wrote (48419)7/3/1999 1:28:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
Harold your post is fine. I use OBV as a confirmation but I've changed trading systems for the extremely volatile stocks that are usually on my watch lists. I find a combination of the Volatility Breakout System with the Money Flow RSI breakout or combined with the Volume Accumulation Percent breakout to be very good in 'improving markets' especially trending markets. WIth both I use a Bollinger band crossover and the Money Flow RSI and Volume Accumulations Percent breakout as a confirmation indicator. This I would use for reversals..but when I am in already in a stock (a contination trend) and looking for a sell signal I would look more at trendline breakouts..

I use a 8 day time horizon (and just look at the 16 day one) and look for the consecutive lows in the stock I am already long in. As long as the stocks closing price continues to slope upwards its okay, but once the stocks' closing price falls through the lower band of this uptrending trendline I would sell (both KLAC,OSTE and ALTR today generated sell signals).

Unfortunately indicators whether used in combination or alone don't always give the same buy signals all the time, and not even with all stocks. I end up using different trading strategies with different stocks.. I use the aforementioned with the highly volatile nets, (PHCM, CPTH, SWCM,KOOP,WITC, EXDS) but would use a less stringent combination of Candle Belt Hold or Candle Engulfing lines (two day trading pattern) those work well for stocks for less volatile nets like AOL, YHOO, GNET, VRSN etc and other tech stocks like CREE, ETEK, GALT, PLCM etc. These I would use with a another form of Money Flow/Volume indicator like, Volume Accumulation Percent Breakout, Chaiken Money FLow with the Japanese pattern mentioned above or with a Bollinger Band crossover....

That's why I think the KIND of stock you track is more important than the indicator combinations you use. Once you see which indicators work with which stocks you have an idea of "What Works"



To: Harold Boxenbaum who wrote (48419)7/3/1999 11:00:00 AM
From: lee kramer  Read Replies (2) | Respond to of 120523
 
HAROLD: Nice post. As a "technical analyst" for several decades I suggest you read "Technical Analysis of Stock Trends" by Edwards and Magee. I spent some time with John Magee; he was quite extraordinary, and an even better trader. Welcome to Market Gems. Your post was not too long. Good info has no limits. (Lee)