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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: livn-let-buy who wrote (90048)	3/24/2000 12:55:00 PM
From: Jenna	Respond to of 120523

GSNX broke last major resistance and its new unchartered territory now.. Great stock. Just look at the last 2 enormous range contraction days for GSNX (almost forming a doji pattern) showed there was no candlestick but all 'wick'. meaning not a lot of price action (selling drying up) and a good set up for todays breakout was established. I expected it yesterday but it came today. What I will attempt to do when I the room opens is establish a break out point in the watch list stocks (10) a day for 3 days and post 'follow up' if they don't break out on the first day. That is something we can't do without a forum for discussion and/or at least posting 'developments' in our lists. For example AMKR broke the first day so it was good for 3 days and then a sell, but why miss GSNX because it did NOT move up the first day? These will be given to the room 'head' and they will add their own analysis of the very same stocks, (i.e. point & figure analysis together with candlestick and trend line break outs, or ADX breakouts, etc.) They will be consistent strategies from the Market Gems Manual, Point & Figure strategies as well for longer term holds. Only by following up on picks, combining talents and strategies FOR THE SAME STOCKS instead of a potpourri of new stocks, (scalps)constantly will we have the same consistent profits from trading that I have from my Israeli stocks and longer term portfolio (cumulative gains and not just daytrading gains) which are actually all in triple digit gains now. Now what do we do for APRIL.. April is different. Like Passover, April we concentrate on "matzo", the earnings plays will be discussed and analyzed almost exclusively. The "Earnings Plays" will be the 'momentum plays'.. because remember we are calling fundamentally strong, earnings growth stocks but we enter only on TECHNICAL BREAKOUTS.. and momentum trades. So for a while (probably 6 weeks) our watch list stocks will be taken from the customized earnings calendar so we don't miss the potential impact of this upcoming earnings season. Remember our favorites will be reporting.