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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: wlheatmoon who wrote (9617)	12/14/1999 12:40:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 63513

Gary has been in COMS for some time too. I got burned on COMS once and I developed an aversion to it.

To: wlheatmoon who wrote (9617)	12/14/1999 4:45:00 PM
From: John Pitera	Read Replies (2) \| Respond to of 63513

You have been pounding the table on COMS, the damn thing has cracks down the middle from you Judo Chops to it -g- good JJC note on retail bulls loose with momo charts -vbg- Moo ------------------------- Empowering Individuals With Charts By James J. Cramer 12/13/99 7:11 AM ET We are all technicians now. What, after all, is a Red Hot stock, if nothing but a stock with a good-looking chart? Join the discussion on Cramer's Latest, go to the Red Hots Forum, or visit our B2B Forum. It is no coincidence that the B2B winners will fare well in Gary B. Smith's chartbook; we found these stocks by examining the stocks that were rising every day. TheStreet.com's readers are blessed with two of the finest technicians on the planet: Helene Meisler and Gary B. Smith. The latter, today, has an unbelievably insightful column on the important of technical analysis that is a must-read for anyone playing in these incredibly hot stocks. How ironic that Gary's column appeared right at the time when I was trying to develop a matrix for us to figure out what is working and what isn't -- because Gary is right. His method is working. It has to be considered part of the arsenal here, if not a big gun. Here's why: The individual is calling the shots, and the individual's favorite weapon is the chart. We know from the brokerage roles that individuals are dominating the trading in this market. The individuals don't know an F5 from an Altera (ALTR:Nasdaq). But the chart levels the playing field as mightily as the research can. People are buying what looks hot because it has been self-fulfilling. I still think earnings matter. Not as much as revenues, though. And while it was a stretch for me to say that right now people who invest in good business models are making a ton of money, I am unwilling to trash the earnings/interest-rate relationship as quickly as Gary would like. But as long as the individual calls the shots, Gary's analysis will have more power than any model that pins itself on earnings. Random musings: Lots of good stuff around the site. You just have to know where to look at it. Ben Holmes weighs in with an excellent piece about what a bad deal looks like. Judging from his excellent column, we are done with the big deals for this century. ... Herb and I clashed about train schedules this weekend, so if you are one of those who only looks at us Monday through Friday, you are missing some great stuff. ... Our chat boards make you money again. If you participated in our Dave & Buster's (DAB:NYSE) forum a few months ago, you would have stayed away from the stock, even though the insiders were buying hand over fist. You avoided a 60% decline by just checking in and seeing what others were saying, which was not too inspiring. I know that discussion talked me out of buying. ... My hat is off to Laurette Mayo, one of our more dedicated readers, who sought to engage me in a Tyco (TYC:NYSE) discussion over the weekend. ... Speaking of weekends, anybody notice how good TheStreet.com is becoming on Saturdays and Sundays? Bravo to JNJ, Jen Howze and Jane Penner, for working hard to make it fantastic. --------------------------------------------------------------------------------