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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: Dave Shares who wrote (5077)	1/31/1998 10:42:00 AM
From: LastShadow	Read Replies (4) \| Respond to of 120523

PFP, IIT, DDIM and others: I can't take credit for finding PFP - that was one suggested by another threader when I asked for ticker suggestions to include in my analyses (thanks btw). Be that as it may, I entered at 10 and posted that night as it still looked to continue. I sold at 11.125 as it leveled and I needed to exit part of the account for the weekend. It still looks good, and will be on the Bullish list for Monday. IIT continues to amaze me. I originally entered at $11 and exited below $16, reaccumulated at a $13 (average) and still holding. That makes a $9/share profit on an $11 entry. My strike price is still $22 overall, but I was ready to exit up until it started upticking late Friday. It gaps up and down wildly, though, and I have not been able to pattern it with the net and TA is a little useless since the intraday range is usually tight and the history is sporadic. I don't know how many days its been on the bullish/long list, but at least every day last week. The technical upper resistance trendline of 16.25 was broken Friday, so even if you ar a conservative investor or long term hold person, its a good time to enter. Especially if the Monday open is a gap - either way. Linear Regression for the months prior to December is $25, so if it has strength at $22 I will hold for $24ish. I only wish I had more than 2k shares, although I won't average up anymore unless it gaps down substantially. Firday's volume and other factors say it isnt overbought. Since it has no foreign debt and is traded in US$, it makes it one of the safe havens in the Indonesian market - I expect more volatility there, but things are getting better week by week, so I'm just going to keep riding this one. DDIM - After looking at the charts I am curious as to why one would enter last week. For what its worth my recommendation would be to exit at open on Monday. It doesn't have a history of making stellar jumps and I don't see any strength or accumulation in it yet. I'm still long on both CPQ @ 29 and AMAT @ 30. If AMAT breaks 33 Monday it will have penetrated its upper resistance since its down gap in December. A to be unnamed financial house has emailed its clients that its a buy with a strike to 42, so I will look to hold this one if it breaks through. CPQ is well priced and has lots of strength right now for a long hold as well. Investors should look at it for accumulation - its been trending up on lower resistance for over 6 weeks now and formed a pennant shape that I believe will send it up above 33 also. If it does it will be in my long term hold portfolio. (Long term for me = 6 months or more) lastshadow