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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (311)3/15/2001 8:59:04 AM
From: Jenna  Read Replies (2) | Respond to of 589
 
<font color=green> A Watch List marketgems.com
Posted on March 14, but these lists are easily useful for multiple days. We might find some interesting swing trading possibilities here. I will post a number of these lists weekly in our quest for swing trades.



To: Jenna who wrote (311)3/15/2001 1:49:58 PM
From: Dave Gore  Read Replies (3) | Respond to of 589
 
Jenna, predicting is pointless isn't it? We do have a chance to rally but it was too early today. I think (and it is only a thought) that they want the Market down if for no other reason (hope) that they want to pick up some cheap longs and run it up into triple witching expiration ( when many have to cover and/or have lots of cash to put to work as they come out of option positions) plus of course the FOMC meeting next week.

It's still TOOOOOOOOOO early to predict anything beyond the next tick on the tape. I am dying to buy some swing trade longs, but it's still not time. Why even talk about it? Being prepared for anything is smart, but predicting is pointless.

The only stocks that have been relatively safe buys long for me were JNPR, CIEN and VRTS. Buying these around 50-55 were pretty good plays as they are favorites that got beaten down and at least CIEN and VRTS are quite positive about guidance. BEAS was positive too but they still have a high PE. I would LOVE to get BEAS at 20 (dreaming, I suspect).

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To:Eugene Kearney who wrote (304)
From: Jenna
Thursday, Mar 15, 2001 8:55 AM
View Replies (1) | Respond to of 355

Okay.. we are in transition here. If you have some long positions that's good. Hope no one has shorts. Hopefully we won't sell into this gap up because if we go up from here and Friday also, we might have a chance for some excellent $$$$$$ on the long side.