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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (4076)11/24/1997 2:27:00 PM
From: Daniel Goncharoff  Respond to of 120523
 
Sorry I haven't been on the 'chat', but I haven't been home that much.

Some stocks to look at:

Long: COMS (target 45), INTC (90), MRK (101.5)

Short: CLX (72), DIS (85), GTW (23.5), HWP (56.5), KO (55)

Looking at Jan options, although the shorts may be playable in Dec timeframe.

Regards, TheGonch



To: LastShadow who wrote (4076)11/24/1997 10:24:00 PM
From: CJ Owen Critchley  Read Replies (3) | Respond to of 120523
 
Last Shadow here are some of the stocks I mentioned. I have some that bounce dramatically and others that are good for quarter and half points that are profitable if one trades them on an internet service to keep commissions down.

Stocks with elasticity (short term recurring bounces)

SGIC's most surefire range is $11ish to $13 7/8-$14.00 (i've done it 4 times.)

EGHT is/was good from $11 to $13 (however they have released more shares and diluted the old float, therefore more risk to the $9/$10 area as you saw on the chart.) Even so, a stock with great elasticity.

ITII is presently elastic for a point or two from $24 to $25/$26

PANL has a very solid range of $5/$5.5 to $6/$6 3/8

XIRC has re-entered my list. Very elastic currently from $9.5 to $10.5

QUARTER POINT AND HALF POINT PLAYS:

NWCI is great for a quarter from very low $2's

CPIA very dependable for a quarter to a half from very low $3's

Keeping a tight group prevents me from chasing too many stocks and getting careless with sloppy DD. I can trade these dependably with some comfort while I sniff around for new 'members' to my list.

Tomorrow may be a little nasty in the market so I don't think I'll do anything, as my list may get a little weird with the rest of the market.

Best regards,

CJ.