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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: Andrew G. who wrote (90917)	3/30/2000 5:09:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

NTCS.. from last week's watch list: Computer Associates and NetCurrents Form Collaboration to ``Secure the Internet' Market Leaders Combine Products and Services to Support the Internet; Community and Government Agencies Combat Internet Threats, Fraud and Security Breaches ISLANDIA, N.Y. and BURLINGAME, Calif.--(BUSINESS WIRE)--March 30, 2000--Computer Associates International, Inc. (NYSE:CA - news) and NetCurrents, Inc. (Nasdaq:NTCS - news), the Premier Internet Intelligence Agency, today announced the formation of ``Secure the Internet' - an initiative designed to provide a comprehensive Internet security service. The companies will combine their leading technologies to offer the global Internet community real-time information on potential Internet-based threats and to mitigate the risks associated with computer hacking, dissemination of computer viruses, Internet fraud and other security breaches; and to assist government agencies throughout the world combat Internet crime.

To: Andrew G. who wrote (90917)	3/30/2000 7:21:00 PM
From: WaveSeeker	Read Replies (1) \| Respond to of 120523

Multiple Time Frames ---------------------- Andrew, That's a great question, when does one buy the pullback? I guess it depends on the overall context - are you buying intraday or for a longer-term position? If it's the intraday cycle and the market is down big, then I like to wait until 3:30 before buying. I'm counting on one of two things - intraday traders that are covering short positions or bargain hunters. It's no guarantee, but it's playing the probabilities - a statistical bet. Note that on up days, I like to get in a little earlier, perhaps as early as 2 pm. I keep a matrix of twin charts: a 5-minute chart of the Nasdaq composite over 3 days and a daily chart of the Nasdaq over 60 days (also applicable to each individual stock). On each, I track the 50-period moving average. For example, if you look at the Nasdaq 5-minute chart the past 3 days, you'll see how the index bumped up against the 50pma as resistance, representing opportunities to short each time. If you look at the daily chart, you'll see how the Nasdaq has pierced or bounced off the 50pma and come back the last half dozen times until today. On that same 5-minute chart, I'll be watching to see when the Nasdaq crosses above the 50pma, pulls back, and then makes a higher low. You'll find that there are intraday, weekly, and quarterly cycles (Jenna's Market Gems is by far the best for quarterly cycles imo). Two books especially useful are Yale Hirsch's annual Stock Market Almanac and Norman Fosback's Stock Market Logic. Hirsch covers the best days for buying (e.g., lately Monday), and Fosback covers lots of seasonality such as end-of-month buying patterns. If I could offer the one best piece of advice ever received, it would be to look at the market over multiple time frames. For example, if you pull up the monthly Nasdaq over the past 5 years, it was a clear signal to take some long profits off the table. On the daily Nasdaq chart, you would have seen a beautiful double top. Best of luck. WS

To: Andrew G. who wrote (90917)	3/31/2000 8:29:00 AM
From: Jerry Olson	Respond to of 120523

Morning Andrew... i think your adjectives say it all... scariest thing"...horrifying thought".. Andrew....we trade the charts...we ignore the noise..you should too... we are all conditioned to sell at the lows, and buy in at the tops.... NOT HERE...we buy these dips, and sell at the tops... think!!!! every single major correction or crash, was a terrific buying opportunity...incredible opportunity... you've been conditioned to think differently... we are not guessing..we are trying to trade our charts, with supports and resistances... as for you, if your in 80% cash why worry..wait till you feel the need and then buy something...when you do??? we'll already own it... take it easy, and stop worrying so much... trade a plan...look down the road, not left or right, and tune out all the noise... good luck...OJ