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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: lee kramer who wrote (5462)	2/27/2001 9:52:25 PM
From: Dave Gore	Read Replies (2) \| Respond to of 6445

Lee, you're right of course. Again, the lack of reasonable PE and PEG standards applied equally, whisper numbers, spin-games, the increase in daytraders, the increase in the number of those who go flat at the end of the day (myself included) which can kill momentum, and others are all contributory factors that change trading patterns, but more importantly change mindsets and psychology. Monster selling by giant institutions will always override anything we do, but they are not holding as long as they used to either. And I certainly agree Hedge Funds are a major culprit of volatility. I heard they were largely behind ELNT's fall from 60+ to 20 before running it up again to 60 early this year. Daytraders mattered very little in that one. I'm a bit tired myself. I am sure my cry for sanity is starting to sound like a Susan Powder informercial <g>

To: lee kramer who wrote (5462)	2/27/2001 10:05:59 PM
From: Jenna	Read Replies (1) \| Respond to of 6445

dave and lee after sorting through my charts, unfortunately at second glance I found at least 15 more stocks that are setting up shorts again. These are 'strong' short possibilities and not the little bullish engulfing blips like we had yesterday and which all reversed today. So, again even the moderator and editor has to make choices. Do I leave out what look like 8 juicy shorts in order to bring more potential longs that are at best long shots (they may go up but it will be much less impressive that the short gains) so I have to limit the shorts and try to come up with some liquid, high volume long plays. Best I can do is keep them in a portfolio and if there are more shorts tomorrow from that extra list we'll use them also. Shorting is easier lately, stocks seem to be in free fall, this won't be the situation soon when stocks will bottom and we must comb the market for the best. That is where this thread also comes in very handy. If you threaders come acorss a potential long play where we might make some money lay it on the table. We like to swing both ways, long and short, and today it was more difficult to swing long. Ironically we had some buy triggers but the market internals were awful.