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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: cowboyfan who wrote (113623)	9/9/2000 2:07:59 PM
From: Jenna	Read Replies (6) \| Respond to of 120523

Observations from another lurker. We by no means suggest everyone that criticizes has an agenda. An honest query deserves a thorough answer. My own lurking on this thread and others on SI does in fact confirm that the spouting of 'successful stock selections throughout the day' is really an illusion, when in reality most of the plays on this forum and many others are 'after the fact'. I have lurked and seen posters say 'wow XXX is at HOD or XXXX did so well today and I got in for 5 points'.. They also say that XXXX is looking good. I've seen this thread utterly deluged with scores of stock suggestions throughout the day. That is fine for a public forum like SI. Market Gems might have some faults but ironically the very reason we decided to go with a private forum despite the obvious was to get away from everyone and their neighbor calling 'picks' when the 'all clear flag was raised' and the nasdaq resumed to make 50+ points in one day. I started giving intraday updates very intensively on this thread from the market crash in mid March just at the time posters were heading for the hills and there were not many trading opportunities. These updates were a stepping stone and learning process for myself to see if 6 months of calling trades in a down market could work to offset the frustration of traders/investor during that period. A full day was put into these updates and that was in addition to the night work of making up the watch lists and earnings plays. They were never intended to be a permanent fixture on SI for all that work and effort. I won't say more other than suffice it that these updates were so successful that the next obvious step was to start a forum where the picks were regulated and reserved to those that had chart patterns and were watch lists with 'sign posts' and entry was carefully calculated from these pivot points rather than from 'the most up' list or the walking wounded stock list. Part of our strategy is based on picking stocks that are leaders which come from the top sectors. In earnings plays they are about to make key moves upward on "Anticipatory Upswing" and they do. Our stocks have come from the electronics, medical and semiconductor sectors which have made huge gains in the past 5 or 6 weeks. We use stocks with strong fundamentals for the most part but all the stocks whether fundamentally sound or not come with good technical positions. We use stocks that are in patterns like the bull flag patterns, cup & handle patterns that are right before a breakout point. If the patterns begins to waver and the stock falls a support level, key moving average or handle breaks down, we leave it. We dump any stock that falls 2-3% below our trigger. What others do is their business and we are not concerned with posters picks or even those that are in our own private forum that might make 'suggestions' of stocks that look good. We keep a pretty tight lid on what can be called with explanations, chart patterns both before and yes after the 'fact' but only when a successful trade has beeon completed. Our strategies might not work for some, or enough chance might not have been given to try it out, but either way it definitely works for others. Enough others so we are moving on from here with more and more education in every media, fine-tuning and giving an honest endeavor to 'call' the best moving stocks from our special list of past earnings plays or other 'hot' plays in exceptionally high flying sectors. Market Gems takes no short cuts. I leave no stone unturned in my analysis, research and intraday calls. Jerry picks up the momentum with the drive and leadership necessary to instill confidence in novice traders that still have panicky trigger fingers. We will continue on this path but we won't print the testimonials, thats gauche. But feedback and success is what drives us on. Being able to trade my own portfolio during the same period also reinforces my desire to keep up the professional level and excellence of the service If we slip along the path, we will learn from any mistakes and honest criticism is always welcomed.

To: cowboyfan who wrote (113623)	9/9/2000 4:12:52 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 120523

Hi Cowboyfan we have chated before... all i can say is this room is new..30 days old... it will take time to work thru the myriad of things we need to do in order for people to feel comfortable in this venue.. i can say that over the last 2 weeks we have settled in nicely about what to trade and when to trade...using stops, both sells and buys.. we will continue to advance this forum to even better heights... it's all new to us...but we love it...and i feel honestly that 90% of the people there do too... it's not for everyone..but for most... in fact what with Jennas intraday scans, updates, charts and extra buy triggers we are moving to a different plane... it's really something special...anyway it is for me... i have never traded better than right now..never... we have held Sunday night sessions in the room and Weds too as well...we showed everyone the "triggers" on the watch lists... they work cowboyfan... i had people shorting this weeek for the first time..it was very solid... we are going to do options as well... so all i'm saying is this.. we will grow along this path till people feel happy about the service...happy about their profits... if they are not making more money with us, then they do not need this service... Rome wasn;t built in a day...and we feel our progress is moving in the right direction... we get the feedback everyday...it's seems very good..very good.. so maybe on down the road????..ya never know.. good luck to you OJ

To: cowboyfan who wrote (113623)	9/9/2000 5:26:09 PM
From: sue watson	Respond to of 120523

Since we are giving opinions, I am going to throw my two cents in... I am a VERY HAPPY subscriber to the Market Gems trading room... actually, I think it is awesome. NO ONE is going to be the magic guru that some are looking for. There is NO SUBSTITUE for hard work, hard knocks, discipline, and a passion for trading these markets. --Kathryn

To: cowboyfan who wrote (113623)	9/9/2000 6:06:53 PM
From: Susan G	Read Replies (2) \| Respond to of 120523

You sure you guys were in the right room??? After the fact? Huh? You have to act fast when a stock moves or wait for a pullback. Stocks to "watch" are posted as just that - with comments such as "Keep an eye on this one if the market turns" or suggestions to put in a buy stop at a certain price above where it is currently trading. Discouraged posters? Hmmmm.. I'm there all day long, every day and reread the transcripts every night, and the only discouraging posts I've ever seen were from people who didn't take their own profits in a timely manner or got hit with a sell off overnight or without stops. Or didn't really understand short term trading. No trader should act only on the posted triggers just because they are posted - you have to go your own way, passing by stocks that have moved too quickly already or are trading in a way that doesn't feel right for you. Most of the stocks we trade are called early in the morning as possibilities - It is our own responsibility to monitor and time our entries if we are interested. And many of us trade our own picks - some days trading none of the watchlist picks - posting them to others as suggestions, and updating on their progress, volume or breakout points. Input and picks from all traders is VERY important IMO as it keeps the room dynamic and fresh. I know I speak for many other traders in the room when I say, I've never traded better! Or learned more in a short period of time. But the room is definitely not for totally inexperienced traders, you need to at least have some experience in trading or you will make the same mistakes in the room as you will on your own. Susan