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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: Ron McKinnon who wrote (4409)	12/21/1997 5:29:00 PM
From: Jenna	Respond to of 120523

JBIL-up to 45?: geocities.com I like JBIL, TKLC, for the next few trading days. Here's why: TECHNICAL CHARTS FOR JBIL Friday's activity shows an increase in volume relative to the previous bar from yesterday, but the MFI value on Thursday was 20.60 and now it is 17.64 which is lower. The increase in volume indicates heavy activity, but the decrease in the MFI (The MFI simply divides the day's range (high to low) by the total volume. The result shows the efficiency of price movement by quantifying the price movement per unit of volume). this indicates that the market is unable to make any real decisions. Because the volume increased, a trend that has begun maybe is still uncertain and the price movement has stopped. Since we have increased volume it looks like JBIL is ready for MORE price movement and possibly continued breakout will be seen. Since the price of JBIL is below it's Below it's 30, 90 and 200 period moving average it's still not significantly signaled a change of trend. For short term I'm looking for price target of 45-50, but because of the market climate any external force can act on this stock as well as the rest of the sector. Second, the Chaikin Oscillator for JBIL shows that money is flowing into JBIL. Third, The indicator DMI was tested to see how effective it was. (1) Profitability Testing you can see at the bottom of the status line (2) Optimizing tests the parameters that resulted in the highest (optimal return) Fourth, the stochastics have nicely broken out. Fifth, JBIL's Accumulation/Distribution value has increased by 38 in last week that put JBIL in the top 97th percentile of stocks with increasing A/D's. Sixth, Volume Ratio 1,2,3,4,5,/30 Day, shows that for the last week JBIL has been trading over 200% higher than average 30 day volume.

To: Ron McKinnon who wrote (4409)	12/21/1997 6:56:00 PM
From: Richard J. Byrd	Read Replies (1) \| Respond to of 120523

News Sources: I use Briefing.com, but the update is much too infrequent. I like their analysis of what is affecting the market, but by the time they post it, the market has moved beyond their reporting. I've tried Futuresource, but they have no analysis and most of what they post doesn't seem too relevant to me in terms of factors affecting the market. I'm looking for something better, so I like to see others responses to this. Dick

To: Ron McKinnon who wrote (4409)	12/21/1997 7:42:00 PM
From: Darth Trader	Respond to of 120523

If a trade goes against me, I'm gone. I don't care what the news is. eom.

To: Ron McKinnon who wrote (4409)	12/21/1997 10:03:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

Ron..I use Reuters Real-Time. I find it gives streaming news at about rate of about 10-15 per minute and I pre-organize them into categories which are reported in real time 1) mergers 2) contracts 3) splits and upgrades/downgrades 4) Earnings reports in real time as they are reported by the companies. 4)general financial news (includes all the others) On a fairly normal day when the news is good the stock rises. I can, after paper trading the news for 6 weeks, usually tell if the news will precipitate a price rise. Banks that are given upgrades usually give you about 15 minutes before their prices rises significantly. The biotechs and small caps give from under a minute to 15 minutes before the price rises significantly and here's where your instant execution broker pays off. On Friday there was a 'strong buy' initiated for Mattel and I followed the stock throughout the day..it was fractionally in negative territory all day and MAT finally tanked -1 5/16 by day's end. On Thursday Northern Telecom declared 2-1 stock split.. next morning stock was downgraded and down over 2 points. During the last week, many oil sector stocks were upgraded, fantastic contracts signed, rigs being built, etc. and nothing has really changed the lackluster oils in last two days. CCL, MLHR, SJK, PRGS reported earnings above estimates but were basically ignored by the street on Friday. My point is that when the day is normal (not down over 100 points) the news will definitely be a boon and cause the stock to rise. Biggest rises are from a) higher than estimated earnings announcements b) upgrades to 'strong buy' and good but not as good are upgrades to 'buy' 3) when contracts are signed, 4) stock is bought back, but if the market is tanking I wouldn't buy anything associated with news. Good news tends to be ignored. On the other hand there are a handful of micro caps that have good news enough to elevate the stock up to 25% during the day, but for this you have to be really skilled since these stocks trade from an average of 1 to 6 dollars a share. I noticed that #daytraders usually trades these stocks. I have rarely traded them. Another thing is that it usually pays to spend a little more for the real-time news. It pays for itself many times during the day.