Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (13005)	8/13/1998 5:27:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

I've been getting all sorts of e-mail what to buy, how to hedge, what is undervalued, oversold.. etc.. There is nothing that is sure. Don't listen to anyone who is telling you otherwise.The best of all worlds is shaving off the profits from my trading portfolio into the long term. There are no magic stocks that are up 50% in one day.. If you find one chances are it will retreat the next day or so. There are 'foolproof' trading systems, no picture perfect scans for great stocks. Anyone who tells you of remarkable gains one day, rest assured he's losing his shirt the next day. The only way I can see to beat this market is by hedging your long term portfolio by 1) *buying puts and shorting.* 2)At the same time stick with strong earnings stocks.When the market resumes they will be the first to fly. 3) Buy companies that are what is called "Asia Proof". Here you have our Walgreens, Walmart, DHI, LEN, TOL, GPS, ANF's... 4) Don't catch falling daggers either. If you get lucky with a stock that's tanked, beware it can go down the very first day after it's rebounded a bit (FINL, AFCI, CKFR). I would only hold such a stock for 1 day trade. Oversold stocks can stay oversold for a very, very long time. A case in point.. How many times have you heard the 'oil service sector' has "bottomed" providing great value. That was before it tanked another 30%. Read, study, do your own DD. I'm very prepared in the morning after I spend 4+ hours each evening figuring out what I will buy the old fashioned way as well as using the modern day tools at my disposal. I keep binders with notes, charts, historical patterns, earnings estimates, etc.. I study my favorite market gauges (arms/trin,advance decline, McClellan oscillator, Demand index, 5-day advance decline oscillator, 12 day advance decline oscillator, 5 day up/down volume ratio, Vickers 8 week buy sell ratio...etc..) There is no short cut.. BB stocks are no short cut either. The market will come back strongly, and the bargains will be exciting. Until then we look through the refuse for the "gems'..