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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (4942)12/1/2000 2:42:46 PM
From: Jerry Olson  Read Replies (2) | Respond to of 8925
 
YOU BETCHA PAL<GGGGGGGGGGGGGGGGGGGGGGGGGGGG>

HERE'S THE MORNING MAIL.....YEEEEEESSSSSSSSSSSSSSS!!!!!!!

Good morning...

hmmmmmmm...bottom???..maybe....everyone is saying so<VBG>..must be true...

we'll see...let's begin with..don't bet your house on it..just yet..i want to get thru this weekend and the 4th-5th of Carpino's cycle lows...first..no rush..the train will not leave the station without us..

what is amazing we hit his downside target on the NDX almost on the money...also my target on the QQQ's of 59/60 was touched...

NAZ too near 2500...so maybe we are there..a few days more won;t mean zipski, in the scheme of things...

futures are up nice, we'll have a big gap open...if your long overnight, wait the first 10-15 minutes and sell your longs into that gap...then we'll see what they want to do....

OK HERE'S A FEWS STOCKS THAT ARE VERY OVERSOLD..DEAD CAT BOUNCES ARE IN ORDER...THERE'S A TON OF THEM...BUT THESE OFFER SOME GOOD RISK REWARD PLAYS...

1---ARBA---HAD A HUGH SELLOFF AS DID MOST OF THESE HIGH FLYERS...IS REBOUNDING, 64ISH IS THE TRIGGER FOR 5-6 POINTS..

2---CREE---DEEPLY OVERSOLD, WAIT FOR THE 3 BOX REVERSAL BACK UP, AT 59, WE COULD PUT IN A 2-3 POINT STOP AND LET IT ROLL, IT HAS A 2-1 COMING ON DEC 11TH....POTENTIAL UPSIDE TARGET 80...IF THE SEMIS START TO MOVE..

3---ELNT---38 1/2 TRIGGER, MID 50'S IS MY NEAR TERM TARGET...

4---EXTR---NEEDS 52 PRINT, TARGET 62/63...

5----HAND--WAIT FOR 47, IT HELD THE 200 ON THE DAILY, A HAMMER IS THERE...TARGET 53/54...

6----JDSU---WAIT FOR 53, GOOD RISK REWARD TRADE HERE, CUT IT IF IT BREAKS 50...BUT TRAIL STOPS HERE COULD BE A NICE SOLID TRADE...

7---MYGN---HELD THE BOTTOM, THE 200, WAIT FOR 73 PLACE A STOP 69 3/4 AND LET THIS BOUNCE TOWARD 83/84...

8---PDLI---TRIGGER 78 1/2/79ISH...SOLID STOCK, MADE A HIGHER LOW, TARGET 90 COULD BE A SWING TRADE..

9---SCMR--WAIT FOR THE 3 BOX UP AT 43, STOP 39 3/4, TARGET 53/54..LOOSE STOPS HERE GIVE THESE STOCKS ROOM TO RUN...

10---SANM---SOLID REVERSAL OF THAT SELLOFF YESTERDAY, HAS ROOM TO 85....

HERE ARE SOME OTHERS I LIKE..

SEBL TRIGGER 69 1/2

NTAP--50 1/2

NEWP--59

ITWO POWERFUL HERE...

OK HAVE A GOOD DAY..SEE YOU INN DA ROOM

password is the same ...babyboy

later

jerry



Call me through VoiceCONTACTtm -- right from your computer.
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To: 2MAR$ who wrote (4942)12/1/2000 11:56:47 PM
From: .Trev  Respond to of 8925
 
Teresa is not cree and she didn't have triplets, but it 's nice to see you happy. Most of you are probably too yound to remember what it used to be like in the old days, but spare a moment for a quick glance at this chart, and tell me is this not a sight for sore eyes in this week of terror and mayhem.

stockcharts.com[L,A]DACLYYMY[PB50!B200!C20][VC60][IUL14!LA12,26,9!LH14,3]

This is of course the Gold Mining Share index, and from what little I have picked up by lurking it seems to be confirming it's new trend in a plausible manner. I would value the thoughts of anyone willing to offer them.

Cheers
Trev

Congratulations and best wishes to Teresa if she should have the time and energy to accidentally read this.
T.