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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: rocklobster who wrote (8187)4/21/1998 9:01:00 PM
From: LastShadow  Respond to of 120523
 
Gap Strategy

Well, everyone has their own I suppose, but that one is a little tighter than mine. Mine says to go out and look at the stack after the first 60-90 minutes, and note the morning high and low. Buy if it goes a tick or two above the high, short if it goes belowthe low. Remember though, I don't trade intraday, although I enter and exit based on the intraday tick when I get around to checking it, so my method is a little more liberal if you can't stay glued to the monitor.

Right Line's method works if you wcan watch it and exit at the leveling or drop in the bid/ask.

lastshadow



To: rocklobster who wrote (8187)4/21/1998 9:06:00 PM
From: LastShadow  Respond to of 120523
 
Some picks from an unnamed trader...

A trading friend of mine who brought us AMAT and a couple of others earlier in the year has offered me the following to share:

T
LU
GTW
JNJ
SCN
TRB
SPLS

I don't follow JNJ, SCN or TRB, but the rest look like great picks.

lastshadow



To: rocklobster who wrote (8187)4/21/1998 9:07:00 PM
From: LastShadow  Respond to of 120523
 
Position Trading Account:

Acount finished up $9,250 or 26.4% to date (I know, pretty miserable month, but I removed the stops to forestall some other premature exits), due mostly to BOST's strength. TEAM is looking weak for tomorrow, as is COTTF. Short termers may want ot consider exit if it drops at open.

lastshadow