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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 (61716)	9/16/1999 5:34:00 PM
From: hjz	Respond to of 120523

I know what you mean about buying a stock after selling it earlier. Getting out at 55 3/4 was a good trade because it never crossed past that point the rest of the day. It immediately popped right back up after it hit the low of the day so it was tough to get in at the low price. I think it may work out for you tomorrow if we have a little rally at the open. HJ

To: Jenna who wrote (61716)	9/16/1999 5:42:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

Daytrading is very risky, but Swing Trading, adding 30% fundamentally strong stocks to watch list as well as adding the Earnings Plays does give you an edge. You 'won't make $300,000 in one year with a $50,000 account' day trading or any trading, that's absurd. I don't know how much 'work' a daytrader puts in when market is closed. I go to bed beween 4-5:10 most nights (which you can see for yourself) . So in the morning it might look easy, but I know those 11 or 22 stocks (two watch lists)like the back of my hand by then and every movement is 'noted'.. Then add about 10-15 or so newsletter stocks that I track so I'm only following about 20-35 stocks that are highly volatile and hopefully in a good technical position for a move up, and also about 30-40% from the watch list that are fundamentally sound. So I would hate any 'potential daytraders/swing traders' to think this is easy. Its an 10-14 hours a day job that is very satisfying and lucrative NOW, but it was a long trek up fraught with some high losses along the way. A watch list like last nights could take 3 hours (with analysis and charts) because there are so little choices. That is why I don't want you to discard them if they don't go up the first day (i.e. POWI, and most likely 2 others from that list will be 'ripe' tomorrow or next Monday).. On average a watch list takes 1 1/2 - 2 hours.. (without charts). That is also why I'm working on a way to get all the watch list 'with common alerts' for up to 4 days.. The main prerequisite for attaining that goal would be more staff (which I'm considering) to track the stocks and a more 'structured' environment, although I'm staying on SI personally. What I like to refer to as: A technologically-advantaged home for Market Gems stock picks. That could be an option for a future more premium service... and other cool stuff also.

To: Jenna who wrote (61716)	9/17/1999 1:21:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

<<WATCH LIST UPDATES>> # 10 and #5 still doing well and relatively cheap..#2 and #9 are sound stocks that are safer to hold. ALLR mentioned a while ago was up 2 now up 4 1/16, and RIMM triggers a buy signal 7 big blocks, actually triggered at 33 1/2. The ADX was unusally sloping downwards even as the +DI crossed the -DI, Now the ADS is snaking up very high to 49..and On Balance volume is exploding. Those of you with Q-charts its really a nice chart formation to behold. (5 minute charts)