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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 (84900)2/25/2000 11:23:00 PM
From: Scrumpy  Respond to of 120523
 
Jenna, will Pristine offer discounts on their seminars for gemmers ?



To: Jenna who wrote (84900)2/25/2000 11:51:00 PM
From: ciVic  Respond to of 120523
 
Jenna, ...yes that is my main concern is the amount of stocks that I do concentrate on.

Now as far as intraday chart - that IS how I base my best plays on. sure it can break out but I need to see the last 10 days on the intrday to know if I need to really go in deep or just dabble. Also, for instance today I had about 10 alerts going off in the first 30 minutes of trading (while an overnighter was tanking :) because of it I missed my LCCI...and bought others instead. LCCI happned to be THE stock today and I missed it. Sure I playe POCI and PRGN, and a few NICE others that each got 5 pts...but as far as % wise...no. of course PMCS was nice as well but I did have the time to buy it either.

The main thing I struggle with now is buing ALOT of a stock. even when I have decided that a certain play is a strong one...I only buy about 40-50% of the amount of shares I SHOULD be buying...and instead I spread myslef over more stocks. and then I have so many stocks in play that I cannot play the spikes and valleys for the day so I don't capitilize.

What I am realizing is the FINDING these nice plays does pay very well (up 80% in one month) BUT....how you play them is even more important.

Like for instance - gauging on weather a stock will run for 1, 2, 3 or 4 days I cannot always tell. I can normally tell 2 day runner...but I tend to sell WAY to soon alot of the time and I miss out.

AS far as tracking the stocks intraday (the best ones) before the hit the target breakout price...too few monitors, too many plays....and not enough sleep :)

AS for all these things...I am learning as FAST as I can - and I hope to be of some use to people I trade with.

Oe thing I can say - is that I have 2 losers out of 30 triggered buys the last month.....and in general the ONLY time I lose $$ is when I get cocky and buy a stock pre-breakout price but very close to it(pre resistance) and the stock counces off resistance like a yo yo and falls faster than you can say black monday.

So...saying that..it has taken me 3 times buying before the breakout to learn...that a little patience can protect the capital.

But, Jenna, I know you are queen of T/A and I am a willing student so whenever you are posting words of wisdom I am reading :)

talk to you soon..

ciV