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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (32)	12/13/1997 6:35:00 PM
From: TheInvestor	Read Replies (2) \| Respond to of 2377

Segio and all, Congradulations on this new thread I am sure it will be very successfull. From reading your description of the format and subject covered here, it sounds like you guys have done a superb job of defining what makes a stock profitable for its shareholder. I totally agree there is more to picking a stock then just reading a chart on it. I believe a good performer is based on the following fundamentals: 1. Market conditions are very favorable for this stock and its business interests. 2. (FA) Financial position is looking strong or has a strong potential for good financial performance. 3. TA chart analysis shows a bullish move in the stock. 4. Stock trading characteristics. Volume is high, likes to roll with 1/2 to 1 point in a few days. Gradual increase in price per share. 5. Popularity in the market place. What do other investors think of the stock and the company as whole. 6 How do MMs view this stock and how are they treating it. Price range, bid - ask price range. A large gap is typically a danger sign, you get in you won't get out without a major loss. Typically a low volume stock has a large gap between the bid and ask price, and we should stir away from such stocks. On the other hand a stock like SYQT that trades more than a million shares a day and only moves 1/32 of a point in a day is bad, because you could buy it and sit on it for weeks/months and go nowhere and end up selling at a loss out of impatience. We should pick stocks like RECY, that have good daily volume and still get those nice rallys when good news is released and show a strong bullish growth chart ascending to higher levels. Good for daytrades as well as long haul security investing. 7. How did the stock perform in the past 6 months, any major rally's hot news press releases triggered strong rallys. If yes, history has a tendency to repeat itself, this sort of stock if it rallied once it will do it again and we all want to be in it before that happens. 8. Company's business is one that an investor would be interested in owning. Example, don't get involved with stocks dealing with gambling like in Los Vegas unless you are willing to be a part of this type of business. In other words, feel comfortable in owning this stock in case the price drops and you have to ride out the bad time holding the stock. If you feel unconfortable holding a stock for an extended period of time, don't even buy it for a day trade because in this business one can not know what tomorrow will bring. As we have seen with the Chinese Fiasco, contaminating the entire world markets. I am sure there are other checklist items to add to this list of criteria for picking the winning stocks. Maybe we can start a list like this here and use it as a guideline for finding tomorrows winners. Would someone be interested in keeping this list on the thread? Perhaps a grading system based on a list like this will be usefull. In other words, grade each stock selected on how it rates on each item on the list and come up with an aggregate score, much like how they pick the Miss Universe pagent. I hope this has been helpfull to all, Regards, Ben