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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: Judy who wrote (6617)	3/26/1998 7:47:00 PM
From: LastShadow	Read Replies (3) \| Respond to of 120523

Responses: Judy, Judy, Judy...as long term readers may know, I don't do oil. Or polyester. Energy, some drillers, but not oil. Besides, I try to stick to about 300 tickers to analyze specifically, and 150 in detail. Other than an occasional swing trade on MRO or TX I find them rather uninteresting. Ha we a colder winter, I would have been more active in the sector I suppose, but el nino said it was better to play construction/concrete/harware companies on the coasts. AT - Why exit ADBE? Well, for one I've been holding it since I frst posted it 5 weeks ago at 37.25, and the exit at 48.75 seemed a reasonable profit. Second, technically it hit about the best ceiling its going to for awhile now, and should retrench with the selloff afterhours and tomorrow. Third, I needed the cash to buy something else tomorrow. lastshadow

To: Judy who wrote (6617)	3/29/1998 7:50:00 PM
From: Judy	Respond to of 120523

RMBS ... and a note on "proper entry" Traders could take a position at 37ish, and might be more prudent for investors to take positions at 33-35. Technically the stock should bounce at 37ish, always uncanny how somehow news is announced at key levels to prop up stocks. Message 3853483 Message 3872878 I normally post multiple entry points for stocks and use the term "proper entry". The first entry point is usually an estimate of trading entry due for a bounce ... while "proper entry" refers to levels appropriate for position trading or investing. Investors more often than not are of the buy-hold temperament and are unsure how to react when stocks they buy at trading levels tank further. Buying at "proper entry" may save them from that unpleasantness. As an example ... on the day JBIL tanked, I posted to Andrew on the Stock Swap thread ... 32 1/2 was a trading entry worth the risk for a bounce, downside risk was 25-27. Hence proper entry for investors or a trading position would be 25-27 ... JBIL is now coming to that level, short of positive news from the company in the next week or so.