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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 (93815)	4/17/2000 8:53:00 PM
From: kendall harmon	Respond to of 120523

How about DIGL, Jenna, from 26 near the open to the 40's today. You could have made OVER 50% had you timed it right (I didn't). And on and on it goes.

To: Jenna who wrote (93815)	4/17/2000 8:58:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

Couldn't get them all, and I don't usually 'play' stocks that are uncharted or unplanned. If anything gaps up tomorrow, I'll probably sell them short after I get out. I never got into PWAV or ETEK long but I did escape ETEK short and knew when I was wrong, not getting emotional about a few points this morning. Had I been home, I might have been tempted to short ETEK near the close but that's neither here nor there, Tomorrow is another day. ATML I would have sold, at least half but it was too late. You should have seen the fun at the doctor's office with my palm pilot, phone etc all set down on the table in the waiting room (I know the staff and there were only 3 patients there) all with phones of their own but not talking with their brokers. By 3:50 I was selling NVLS and AMCC and didn't care who heard. That cute 10 month old in the background just make it more fun. She crawled over to the 'pilot' and nearly knocked it down. I'm surprised I'm still healthy, yep which is sometimes hard for me to believe. So I'm none the worse for wear. Getting 7 hours of sleep instead of 3 and 'getting a life' or trying to. At 4:04 when in Loehmanns dressing room I still checked to see what the end of the day was like. My batteries were dead by then and the car phone was in the other car. I didn't hear about ATML until 4:20 at Wilt Chamberlains's.. I never did get that 'spring jacket' I need for the north, but hope maybe I'll try again tomorrow. I'm going back to New York next week to acclerate the trading room and still will try to get the Bulletin Board going.

To: Jenna who wrote (93815)	4/18/2000 6:01:00 AM
From: lee kramer	Respond to of 120523

Dortmunder and I have developed a routine, kinda like married couples. I roll out of bed, straggle into the big kitchen. He's drinking coffee, poring over his charts, planning his day's strategy. I say "Anthing look good? Are you going long or short today?" He grumbles, ignores me, eventually talks. "This is expiration week. Friday. I shall take this into account. However, all the put buyers and short sellers who scramble to get out of their positions in a roaring bull market may not do so this week. Consider: You've shorted a stock at 90 that's now 32. Are you in a rush to cover? Unlikely. Sure, you might want to take some profits off the side-board by covering, buying.Are you following me? Nod your head if you are so I shant think you're asleep." I nodded vigorously. "Sure, sure, I'm following you." I said quickly. "On the other hand, short term traders may want out, entirely out if it appears the market has paused in its downdraft...or if it continues to rally. The strategy is clear; remain short the weakest stock or stocks. They may bounce, but they shall liely return to their downward ways." "I understand what you're saying, I really do. But will you be buying anything?" He sipped, paused, replied "I may acquire a stock or two that declines this morning...a stock that had a sharp run up yesterday. Remember this; we are not in a new bull market, we remain in difficulty. Stock after stock had declined anywhere from 45-90%. It shall take a good deal of time for some of these stocks to bottom and resume a new up-trend. Those that remain in business of course. I've identified a bushelfull that simply have little capital remaining. These firms will file Chapter 11, or perhaps be acquired by other firms. And because their stock prices are so low, the acquire will set the terms of the deal...much to their benefit. I shall remain primarily on the short side, until the market indicates otherwise. If you must buy, buy the stock of a firm that is loaded with capital, a firm that is making money...a rather new concept in your country. But examine the chart first. Solid firms may remain solid, will likely remain in business...but their STOCK may continue to slide. And you are buying the stock, not the company. Are we finished? Any more questions? May I get back to my now cold coffee and charts? Yes, yes, of course. Thanks Dortmunder." "Indeed" he snapped.