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-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (1680)	1/13/2001 10:43:39 PM
From: Jenna	Respond to of 6445

Intraday Short Set-Ups - The Mini-Double Top/Bottom Here is closer view of the 3 bar patterns for short set ups. marketgems.com marketgems.com You can see these set ups anywhere through the trading cycle intraday. The best places to look for them are at the open (after gap ups)..at 9:50 (after the market stabilizes and finds a direction).. at 2:00 after the doldrums and at 3:00 -3:30

To: Jenna who wrote (1680)	1/14/2001 8:59:58 AM
From: lee kramer	Read Replies (2) \| Respond to of 6445

Jenna: <The Market's Basic Unit (Atom)>. Back in the 60's, (boy was that a terrific decade) I described the market as a Retail Operation. Inventory was Accumulated, marked-up, distributed, marked-down and re-accumulated. It was a cycle that repeated. Same with many stocks. Using John Magee's Tekniplat Chart paper (I think John was the first to develop the log scale) I graphically portrayed this cycle...and Pristine's display that you posted is strikingly similar. We've just experienced a severe mark-down phase on the Nasdaq. I am convinced that re-accumulation, followed by the next mark-up phase awaits us though it may begin soon or it may take a while. I'm seeing many double, triple bottoms. Head and shoulder bottoms (with volume confirmation)...and still many stocks and sectors firmly stuck in the mark-down phase. Conclusion: Trade the stocks/sectors that are in the re-accumulation phase from the long side...trade the stocks/sectors in the mark-down phase from the short side.

To: Jenna who wrote (1680)	1/14/2001 11:49:46 PM
From: Dave Gore	Read Replies (1) \| Respond to of 6445

FROM MARKET DD: Sometimes this auto-emailer has interesting things to say. Look at the NAZ chart analysis: After all the bad news from big tech names like YHOO (bad 2001 expected), NOK (weak sales), HWP (bad quarter) and a CSCO downgrade, the Nasdaq is still holding its ground. This is a very good sign, it indicates that sellers have run out of stuff to sell, and buyers are stepping up. It will take more than a few green days to change the trend, watch for some weakness heading into next week, here is the chart: Nasdaq chart - marketdd.com The Nasdaq finally managed to break that downtrending red line from the Sept highs, this is the first step in attempting to change the downtrend. If the Nasdaq pulls back early this week, 2500 is the first support to watch, it is very important that 2400 support line is held this month. Dow chart - marketdd.com Today I am taking a little longer term look at the Dow, the chart starts back at Oct 98 so I can show you that blue uptrend line which the Dow should be hitting next month. The Dow has been stuck in a tight range, for the past 3 months and does not seem to have a catalyst to break out of it. Resistance 11,000, support 10,400, keep an eye on that support. CSCO downgrade did not work CIBC tried their best to buy CSCO at a cheaper price, but their attempt failed. They did however manage to create enough selling to get the stock down to $34. At $34 something magical happened, buyers swarmed in (institutional buyers) and CSCO has been heading higher ever since. Does this sound familiar? It should, we had the same thing happen back in March of 2000 when analysts where giving stocks like AMZN some lofty price targets, only to sell into the spike. What we are seeing here is the exact opposite, they are buying into the selling dip. Cisco is still sporting an extremely high PE of 90, this leads me to believe that upside for CSCO is limited for this year, much like DELL was last year. I expect a flat trading, no 100% gains for this baby. RIMM:NASDAQ Research in Motion is sporting a PE of 1100 ... Do they deserve it? They are first to market with a great product (two way pager), and sales are strong. But, all good things must come to an end, a number of competing products will start hitting the shelves in 2001, most noticeable will be the TalkAbout from Motorola. motorola.com AMZN running out of cash Amazon... what will we do with you? According to their burn rate, AMZN should be out of cash in 6 months. It will be interesting to see this story unfold.