Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Kavika who wrote (94942)	4/27/2000 4:29:00 PM
From: Doug Robinson	Read Replies (2) \| Respond to of 120523

Kavika, I made up a list of the best companies in the sectors that I feel are most likely to do well during the coming year. I've identified nine sectors that I like and have picked the fundamentally best companies in those sectors. In some of these sectors I have only one company and in others I have four. Most of my recent buying has been in these stocks whenever they have sold off. This is a very simple yet very effective way to make money. When the market responds favorable, these will always move up the fastest. If the market doesn't respond well in the near term these stocks are the safest ones to be in and they offer the opportunity to exit with profits if you choose. You can set stops if you wish to minimize your loss should the market turn significantly down, but these stocks are the last to retreat and they do so much slower than others. They are also the one's that the institutions will come into when they feel the timing is appropriate. I've utilized this strategy in every major correction and it works very well. It forces one to focus only on the better companies and that's extremely important as a correction goes through it's gyrations. Additionally, the experience of following closely a companies moves in an up/down market will provide a lot more confidence to enter and trade them. The best traders always have their favorite stocks to trade and they feel very comfortable in moving in and out of them because of the familiarity they have in their daily movements. If you wish a source for making up such a list I'd strongly recommend IBD. They provide a significant amount of information concerning the leaders in each of the better sectors.