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 : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (5088)	12/16/2000 2:54:20 PM
From: Susan G	Respond to of 8925

A thought about the QQQs... regarding BEAS, HGSI and others going into the Nasdaq 100 as of Friday afternoon.. We've noticed by trading the QQQ that it trades slow and is not as volatile as many stocks, but could this change a little now? Just looking at the list of stocks that were added - compared to the dull trading range stocks they removed, I'm wondering if we might not see more volatility now in trading the QQQ. Even though only 10% of the total group of stocks changed, the ones that were added have pretty wide trading ranges on an average day... Added: BEAS, CHKP, EXDS, MLNM, FLEX, RATL, HGSI, MERQ, IDPH, ABGX, TMPW, INKT Removed: ADPT, APCC, APOL, DLTR, MLHR, LGTO, NETA, NWAC, PHSY, QTRN, SIAL, SNPS

To: Jerry Olson who wrote (5088)	12/18/2000 6:54:30 PM
From: Jerry Olson	Read Replies (2) \| Respond to of 8925

Well Hi everyone.. this am i sold my HGSI into the gap for 6 points...closed my long PALM at breakeven...and am still long 3 lots of the QQQ's and 2 lots of JDSU... we called all the longs early, then several shorts later.. BRCM at 116 was a short..as was BRCD as it took out the LOD...all the rest were very strong on the upside for scalps and such...did rebuy 1 lot of PALM near the close at 46 1/4..what the hell huh<VBG> ************************************************* Good Morning everyone... well well..futures are UP nicely this am...let's hope we get a 1-3 day run right thru the FED on Tues at 2.15pm...i am optimistic the market will NOT selloff too bad if they do not cut rates...more importantly is what they say in their comments.. I am currently long HGSI-PALM 2 lots and QQQ's 3 lots and JDSU 2 lots...i will begin to exit if we have any reversal in the markets off this rally...there is an inordinate amount of skittishness out there, with an eye on buying cheaply...the funds will go to work hard now thru the 1st of the year.. i feel all tax loss selling in over...this will be quarter end window dressing, hence buying the best of the best...over the next 2 weeks...we should see excellent volume spikes in our selections...that will be the tell tale sign of accumulation... OK LET'S GET STARTED WITH TODAYS..TOP "TRADERS" 1...BRCD---STOCKS CHART IS LOOKING VERY STRONG HERE, SPLITS 2-1 ON THE 22ND, COULD BE A BIG 1-3 DAY HOLD HERE...I WILL TAKE THIS LONG EARLY... 2...CMVT--VERY NICE CHART,ALREADY REVERSED UP OFF A MUCH HIGHER LOW...I THINK THIS STOCK COULD RUN TO 120 NEAR TERM....A PERFECT LOOKING CHART PATTERN 3...QCOM---VERY OVERSOLD HERE, WAIT FOR A 3 BOX REVERSAL UP AT 82...78 IS A SHORT SELL... 4...AMCC--POWERFUL AGAINST THE TREND ON FRIDAY..HAS MADE 4 CONSECUTIVE HIGHER LOWS...THIS STOCK WILL EXPLODE AS IT BREAKS THE TOP...WATCH 72, THAN 75 FOR ADDITIONAL CONFORMATION... 5..PPRO--DON'T LAUGH..<G>...STOCKS CHART IS VERY NICE...WE WILL WATCH THE REVERSAL UP HERE AT 19 1/2--20, COULD EASILY RUN BACK TO 25 THEN BREAK OUT FROM THERE... 6...BRCM--HEAVY SEMI---HELD THE BOTTOM, AND MADE A HIGHER LOW, COULD RUN HARD UP TOWARD..134 1ST TARGET THEN 148... 7...AMAT...HELD A TRIPLE BOTTOM AT 39, 42 IS THE KEY REVERSAL NUMBER UP..WITHOUT THE TOP SEMIS THE NAZ GOES NOWHERE... 8...IDPH--POWERFUL TOP END BIG CAP BIO TECH---HELD THE DOUBLE BOTTOM AT 198 AND HAS REVERSED BACK UP HERE...SHOULD ROCK HIGHER RIGHT FROM THIS AREA.. 9...AETH--VERY OVERSOLD HERE, LOOKING FOR A SOLID DEAD CAT BOUNCE...52-53 SHOULD GET IT GOING IN THE RIGHT DIRECTION...UP.. 10...MUSE---SPLITS 2-1 ON THE 20TH, 118 LOOKS LIKE THE BUY IN TRIGGER, CAN REALLY RUN IF IT GETS GOING... BEST OF LUCK TO ALL OF US...WE'LL NEED IT... the room name today is....stocks options futures live with oj and t-lo..password is on the site.. regards jerry