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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (16979)7/6/1998 6:20:00 PM
From: Clint E.  Respond to of 69749
 
Harry, thanks for the links to IBD stocks. I'll look at them tonight. Some of those stocks like AMFM, SKYW, CMVT, BVSN, BLDG have done well since I discovered them and added them to my list.

As far as paper trading, I would like to have two $20K accounts from now on to improve two of my trading shortcomings.

Acct #1: To teach me to hang onto a winning position longer than I usually do. CMVT is an example of a trade in this acct. I bot 50 Aug 50calls last week at 4-3/8 and I am still hanging onto them until it reaches my target of 60 or I sense a change in its trend.

Acct #2. To teach me to be more aggressive in short-term trades. I would like to do something with the net stocks in this acct since they are the most aggressive group around. Still a calcualted move, but much more aggressive and more short-term oriented.

On PMTC, Yes I've known the company since 94 when the entire mech. engineering dept. was switched over(from SDRC) to PTC. If I had some patience, I would buy some shares today and won't look at it for a year. I don't see why it wouldn't double by then.

Later;

Clint



To: Johnny Canuck who wrote (16979)7/8/1998 5:41:00 PM
From: Lachesis Atropos  Read Replies (1) | Respond to of 69749
 
SOURCE: European Commission
Commission Clears WorldCom and MCI Merger Subject to Conditions
WASHINGTON, July 8 /PRNewswire/ -- The European Commission has given conditional clearance to the merger between WorldCom, Inc and MCI Communications Corporation (MCI), subject to a divestiture of MCI's Internet business activities. WorldCom and MCI are both publicly-quoted telecommunications companies offering the normal range of telecommunications services. Both also offer Internet-related services. The Commission's investigations found significant overlaps in this market for 'top level' or universal Internet connectivity. WorldCom is currently the leading player in the market, with MCI one of its main competitors. The merger would have given the combined entity a market share of some 50% of the relevant market. The parties have committed to divesting MCI's Internet assets, thus eliminating the overlap with WorldCom's Internet business.

WorldCom and MCI are among a small group of Internet Service Providers (ISPs) who can provide connectivity anywhere on the Internet solely through their own peering agreements (i.e. agreements with other network operators for mutual termination of traffic) without having to rely on the purchase of a 'transit' service from any other provider. Such connectivity is provided, in the form of Internet access services, both to directly connected customers and to intermediate ISPs who resell the connectivity to other buyers or to final users.

'Network externalities' (i.e. the phenomenon whereby the attraction of a network to its customers is a function of the number of other customers connected to the same network) would have enabled the merged entity to behave independently of its competitors, and to degrade the quality of Internet related services offered by its competitors. After offering a limited assets sale which the Commission judged insufficient, the parties proposed remedies which involved the divestiture of a package including all of MCI's Internet interests, sufficient to enable the acquirer to take over the position of MCI as a player in this market.

The Commission's investigations, and negotiations of remedies, were undertaken in parallel with the examination of the case which is still being conducted by the US Department of Justice (USDOJ). The process so far has been marked by considerable level of co-operation between the two authorities, including exchange of views on the analytical method to be used, co-ordination of information gathering and joint meetings and negotiations with the parties.

The timetable for divestiture would allow the parties the opportunity, subject to clearance from the USDOJ and the Commission, to agree a sale in advance of, but conditional on, the merger. Under the terms of their undertakings, the parties must seek the consent of the two competition authorities to the proposed buyer of the divested activities. The two authorities will continue to co-operate until the undertakings are fully implemented and they have exchanged formal letters to this effect in accordance with the EC-US agreement regarding the application of competition laws. The remedies include the possibility for the Commission, in appropriate circumstances, to appoint a trustee to oversee compliance with the undertakings and, if necessary, to ultimately take control of the sale process (i.e. finding a buyer and drawing up an agreement).



To: Johnny Canuck who wrote (16979)7/22/1998 3:41:00 PM
From: mattie  Read Replies (1) | Respond to of 69749
 
Harry,

Where did you find the IBD end of the week charts? Can you repost the site?

Thanks



To: Johnny Canuck who wrote (16979)7/22/1998 9:39:00 PM
From: Docaz  Read Replies (2) | Respond to of 69749
 
Do you have any suggestions for parameters to use with screening software (such as stockquest that can be downloaded free from Ameritrade) for longs or shorts?
I have used so far some methods that have worked reasonably well:
For longs the best fundamental parameters which will produce only a few results and then looked at the charts.
For shorts I have used downtrending moves.
There is always room for improvement and I am looking forward to some ideas!