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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 (113516)9/7/2000 5:51:33 PM
From: Jeff Jordan  Respond to of 120523
 
>>>Nah, that's fine <<<

???? ok...you are your own person............



To: Jenna who wrote (113516)9/7/2000 5:52:34 PM
From: Bouf  Respond to of 120523
 
Jenna ..take a peek a KME...nice

Sleeper...showing life..a XMAS play..COOL under $5..but not for long IMO

Cheepie..has to be PSI>>



To: Jenna who wrote (113516)9/7/2000 5:55:31 PM
From: Jenna  Respond to of 120523
 
New Watch List format: Its not really easier, it still takes hours but there will be a mixture of customized charts and links to real time charts. The challenge of watch lists is that you want to give as clear and comprehensive picture you can on the technical position of the stock and less so on any news or fundamentals.

The failing I have seen with 'watch lists' is that there is really no clear 'buy trigger' that you can establish on a daily chart without corresponding intraday charts during the next session.

I have often entered trades on dismal daily charts where 'resistance' and 'pivotal triggers' called in advance were no where near the actual point I entered for a profitable trade. The caveat is that you must have a real-time picture of the 5/10/15 minute chart because that is where entry is crucial. Scans, watch lists, and entry targets are just approximations and often the stock will either gap above the buy on the "list" or gap down way below the 'supposed' trigger and still be a great trade.

Watch Lists have become more challenging. Scans have to be much more discriminating and buy targets better fine-tuned to actual trading situations which are influenced by key market indicators, reversal periods, gap up/downs, no less than the daily chart patterns.