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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: Jenna who wrote (5780)3/7/1998 3:22:00 PM
From: Jeff Jordan  Respond to of 120523
 
Is this the same as Rexall drugs? What kind of pull back are you looking for before 3/18? Looks like it had all its going to get on 3/3 and 3/4?

Jeff



To: Jenna who wrote (5780)3/7/1998 5:45:00 PM
From: bpf  Read Replies (1) | Respond to of 120523
 
Jenna,
What do you think about the activity on fpam, What do you think monday will bring?
Thanks
BPF



To: Jenna who wrote (5780)3/7/1998 9:34:00 PM
From: LastShadow  Respond to of 120523
 
Weekly Update:

SYMBOL PURCHASE PRICE CLOSE CHANGE %* COST BASIS P&L

CRUS 10.875 10.625 (5.71%) $3,277.50 ($90.00)
FONR 2.656 2.531 (2.33%) $811.87 ($52.50)
FTPS 1.688 2.281 12.50% $521.40 $162.90
IPIC 7.937 9.062 14.06% $2,396.25 $322.50
PEP 37.000 38.000 (0.51%) $11,115.00 $285.00
PFP 13.875 13.750 (0.92%) $4,177.50 ($52.50)
PNF 5.062 4.562 (12.20%)**$1,533.75 ($161.25)
PQT 0.750 0.813 7.63% $240.00 $3.90
PXD 23.687 23.687 1.32% $7,121.25 ($15.00)
UTI 13.625 14.125 2.30% $4,102.50 $135.00

TOT/AVG 11.716 11.944 1.61% $35,297.02 $538.05

* CHANGE % = since OPEN 3/2
** PNF Stopped out at 4.625

The above chart may not display well, but the bottom line is that deducting the
$165 trading (10 entries, one exit @ $15) the account made $538, or 1.6%.
Although that may not sound terribly impressive, one needs to look at the longer
term potential. 1.6%/week on the total amount annualizes to over 128% return,
and just looking at the net gain $538/week would make $28k/year and
end up being a 79% return without reinvesting.

The $1372.50 cash in the account is not sufficient to buy 300 shares of any of
the candidate stocks, which I will discuss next. Stops were set at 8% below
entry Wednesday morning, and PNF exit filled at 4 5/8. Since the general market
is a little iffy, its probably not a bad idea to wait to reenter anyway. PNF is
still oversold and may be worth reconsidering if the stock starts to move on
volume again.

Upcoming candidates include Schwab (SCH) which besides being technically in good
shape also should reap the added benefit of all the volume trading going on right now.
TOY is showing some improvement as well. My guess from looking at the charts of
the existing portfolio is that CRUS and FONR may both exit next week. FONR looks like
it may also turn south an hit its stop, and CRUS is moving a little too horizontal.

lastshadow



To: Jenna who wrote (5780)3/8/1998 3:04:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 120523
 
Jenna

Just did P&F on RXSD...what a nice chart<g>...

RS-is a buy!!!on 12-23-97, the stock is in a column of X's, that's good<g> O's are bad..:<{..Broke a double top on 1-20-98..HouseHold Goods Sector is "Bull Confirmed 64%+...The stock has made higher highs and higher lows, in spectacular fashion...

What's really good it just pulled back 3 boxes, and should move up from here to all time newer<g> highs...on the Dorsey Chart 3 box reversals in a trending upward moving stock in a godd sector in an upward moving Market, is REAL GOOD!!!!

See ya, Jerry