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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: Scrumpy who wrote (72674)	11/22/1999 1:25:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

We have already had numerous discussions on indicators and combinations that we favor and they are simple. Simple is based on trend, volume and oscillators.. with a great emphasis on finding the 'trendiness' of the trend which is so important. I seldom trade a stock that is more than 2 standard deviations above from its linear regression line. I like to keep within a channel. Money Flow we use in tandem with a trending indicator to make sure that not only is stock trending but money is flowing into the stock. Chart patterns are very important but do not detract from indicators just confirm them. They work very nicely and you can get buy with just a few indicators as long as the chart patterns are in place and your major Market Climate indicators like TRIN, VIX etc. My favorite strategies are not even based on indicators per se but in watching which stocks hold out the strongest when the general market climate is dismal. Those are the first to bounce even more should the market improve which it usually does. Its those huge down and up days that separate the 'men from the boys'.. the real trending strong stocks from the ones that are about to go into a trading range. You don't even have to trade just watch them and get ready for when the market gains strength. We did very well in Mid October because at that time the 'fighters' of the downtrends were the earnings plays. Now it is the earnings plays and the fundamentally strong and/or stocks displaying momentum strength (i.e. AGIL, CMRC, CMVT, MSTR, JDSU etc).. So its not just the technical market indicators that are telling a story but the stock themselves and their abilities to fight the downtrends and 'swim upstream'.. to make huge gains.