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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?

To: amoezzi who wrote (853)	6/10/2001 1:00:31 AM
From: Jenna	Respond to of 1227

My favorite books are: anything by John Murphy especially Technical Analysis of the Financial Markets and Technical analysis of Stock Trends by Edwards and Magee. These are my 'dog eared' references that I practically memorized and use them and integrated my own strategies... I use Beyond Candlesticks by Steve Nison and for a Modern book that is great on gearing the REVERSAL PERIODS and INTRADAY BUY and SHORT set ups, and entry is: Velez and Capra's Tools and Tactics for the Master Day Trader. These helped me call shorts throughout September-March marketgems.com while other stock selection sites were calling market bottoms as early as November 17, 2000 and actually calling long term purchases of bombs like JNPR, IWOV, EPNY, JDSU, WCOM, ATML, GLW ALA RSAS.. JNPR and IWOV were considered the top picks and they bombed completely. I have many examples and posts documented of incredible " bomb calls" by analysts, stock selection sites and others who had no clue what was about to transpire. IT cost the jobs of many analysts and made many stock selection sites that bit the dust because of these inaccuracies and the subsequent fallout that ensued. Seems that investors are looking at analysts, market mavens through more introspective eyes and not willing to take their doctrines as gospel any longer. Just last Friday XOMA and CEPH were upgraded after both are in incredible uptrends and surely overbought. CEPH as already been a swing trade and we are noticing upgrades in stocks that are really not reacting and downgrades in stocks that are moving up. So read this books and get your own knowledge of what to search for. It seems that these so-called learned analysts and stock selectors need to brush up on their reading themselves.