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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: the options strategist who wrote (10172)	6/13/1998 5:46:00 PM
From: Jenna	Respond to of 120523

Target Prices..I've been getting a lot of e-mail about my target prices for some stocks. Well I don't have a pre-determined target price. I get in when I get a buy signal (usually bouncing off 7-10 day moving average on 150% increase in volume) and sell for 5%+ (hopefully) profit. Usually that equates to one to two and a half points or more above my entry point. When a stock like BBY, COST, MTC, SBH, BKE shows a strong upward trend, I continue to hold until the trend is broken. When the upward trend is broken on a very strong stock, I re-enter after a 4-5 day retreat. (BKE,GPS,etc).