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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: kendall harmon who wrote (75021)	12/10/1999 10:49:00 PM
From: Jenna	Respond to of 120523

BRNC My biggest problem that with charting about 22 stocks a day I don't have much time for news. I used to be so enamored by news that I would read everything and forget the charting.. Now I look at the charts and rarely read news (which is usually about other stocks).. A perfect world would be to read news on the stocks you are following which is what I 'preach'. But in reality if I have 50 stocks in a database I'm not even about to read 50 different articles so unless the news headline jumps out at me, the news is usually some press release from the company that is not earth shattering. Had I known BRNC had a buy rating today I would not have sold yesterday, but I was cleaning up the trading portfolio and BRNC took up too much space. Actually selling it went against my principles of the signficance of a breakout on the daily chart and I did see some good 'news' on that stock beforehand although not all that you posted. Ironically, I think I was anticipating something that would move more today. That is still one of my favorite sectors and USIT came out #13 and I even missed that. Basically there are quite a few that follow the stringent guidelines and come out of the scans. But some have to be dropped and in dropping, about 25% of the time I drop a real winner. But as long as there is something to trade, I don't really mind.

To: kendall harmon who wrote (75021)	12/10/1999 11:23:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

SEBL & BOBJ..http://www.marketgems.com/bobjsebl.html A little 'relief' of pressure and the uptrend explodes once again. SEBL Watch List December 8. I had it figured to move more because of the nearness of the short term correction to the 52 week high. It barely moved down 2 points, retraced those 2 and lost them again Thursday.. But today exploded up 9 points. So technically at its explosion it was 75 1/2 just one point below its price on the 8th. So why the extra two days of see-saw only to explode at nearly the same price it was on 12/8? Just to throw us off..and to show you how important it is to track the 'better' candidates (i.e. FFIV, WEBT, SEBL) for 1-3 days or you will miss the inevitable explosion. About the same thing happened with BOBJ, it corrected if you take your telescope on 12/7 you will notice and I shorted it twice and covered and that correction was enough to propel BOBJ 24 points the text day.. Moral: Once those tight channel stocks leave their middle or even upper trendline line for 1-3 days and only a 2-3% correction, gear up for another explosion through the top of the trendline and 10% plus gains It's been like that with earnings plays like those for over 18 months and it still never ceases to amaze me. You can basically make a good living trading a few dozen earnings plays and maybe 10 net stocks, but its just more interesting to try the new ones. December 8, 1999 5> SEBL - SIEBEL SYS INC .DCS Price= 76.8 VL/30= 43.2 %Rnge= 93.0 Sto9V= 87.2 W14dV= 69.6 %Hi4 = 100.0 1-Dy = 102.7 50MA = 135.9 10MA = 107.0 New 52 week high, but it has broken out after a short term ascending triangle (short term correction) so there could be more upside.SEBL