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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (60)8/29/1998 1:29:00 AM
From: Feraldo  Read Replies (1) | Respond to of 43080
 
Last,

Don't really know you, or your style, but I like the thread none the less. I'll contribute IFCI. Huge backlog, many new contracts. Two contracts this week, and two new acquistions. IFCI has been acquiring many small fiber-optic companies, all "immediately accretive" to earnings and sales. They are also getting many contracts. Also fiber-optic seems to be the new thing out there. They also do some cable work, I believe. It's not the best time to buy them now, but when the time is right, look out.

Best of luck

feraldo



To: LastShadow who wrote (60)8/29/1998 2:17:00 AM
From: Dave Shares  Read Replies (4) | Respond to of 43080
 
Previous Steady Gaining Stocks

I have been posting and updating a list of stocks
that had been previously posted as having made steady gains
over the past twelve 25 day trading periods, in response to
a request for such a list. I have been asked me to keep
track of these periodically.

Here is the latest update.

SYMBOL ORIG ORIG CLOSE CLOSE WEEK PCT. CHANGE PCT.
DATE PRICE PRICE PRICE CHANGE CHANGE FROM
8/21 8/28 WEEK ORIG

AEOS 07/10 47.750 45.750 39.062 -6.688 -14.62 -8.688 -18.19
BBY 07/10 45.000 52.062 43.125 -8.938 -17.17 -1.875 -4.17
CMCSA 07/02 41.875 45.438 42.125 -3.312 -7.29 0.250 0.60
CMCSK 07/02 43.062 45.875 42.875 -3.000 -6.54 -0.188 -0.44
COX 07/02 47.250 48.000 44.125 -3.875 -8.07 -3.125 -6.61
CTL 08/07 49.375 47.625 47.000 -0.625 -1.31 -2.375 -4.81
CYCL 07/10 41.125 40.000 38.438 -1.562 -3.91 -2.688 -6.53
DRI 07/17 17.375 16.438 15.500 -0.938 -5.70 -1.875 -10.79
HD 07/10 48.500 42.875 42.438 -0.438 -1.02 -6.062 -12.50
KTIE 08/21 19.750 19.750 15.312 -4.438 -22.47 -4.438 -22.47
LNCR 07/24 39.688 40.062 37.000 -3.062 -7.64 -2.688 -6.77
MERQ 07/02 43.750 42.000 36.500 -5.500 -13.10 -7.250 -16.57
MLI 07/17 38.500 33.562 29.000 -4.562 -13.59 -9.500 -24.68
OMC 06/24 49.000 56.938 52.750 -4.188 -7.35 3.750 7.65
PMS 08/07 45.938 43.500 41.812 -1.688 -3.88 -4.125 -8.98
RAD 07/10 40.500 42.688 40.938 -1.750 -4.10 0.438 1.08
SFSK 07/10 44.375 40.875 36.438 -4.438 -10.86 -7.938 -17.89
SKYW 07/10 29.875 27.250 24.188 -3.062 -11.24 -5.688 -19.04
TCOMA 07/02 38.375 36.125 34.938 -1.188 -3.29 -3.438 -8.96
UMG 07/24 45.438 48.625 45.375 -3.250 -6.68 -0.062 -0.14

Notes: This list was begun in late June. I used criteria which would
have required a stock to have performed well through the October, 1997
correction, the theory being that a stock that held through that period
and continued to make gains would be resilient through a subsequent
correction. By the way, it is worth noting here that Last Shadow, who
motivated me to starting this list, basically predicted the Russian ruble
crisis as being a key factor in a subsequent correction, which has turned
out to be very accurate.

Anyhow, while the listed stocks above seemed to have pulled through the
October, 1997 correction, they certainly have been hit hard by this
correction, which I submit has been of a more significant degree than what
was experienced in October, 1997.

In prior weeks, I would have dropped many stocks from this list as having
violated the trend line. If the goal of this exercise was to have found
correction-proof stocks, then this exercise has not been successful. I have
yet to analyze the characteristics of stocks that have not been pummeled over
the past few weeks, and hopefully someone will do so and we will learn from
that. I would assume that these will not be many, and may have special reasons
for having withstood the impact of this current correction.

Having stated all this, I am only dropping stocks from this list (KTIE,MLI)
which have fallen through support. Some of the others being kept on the list
have violated the trendline, and some are still in an uptrend despite recent
losses. I want to follow the rest of the issues here to see how strong they
rebound in a subsequent rally (if there is one), or how well they perform in a
continued correction. I will continue to drop from this list as support is broken.

Needless to say, the scans I am using have not selected any new stocks to add to
this list for the current week. I am sure you are all surprised by this.

I have generally intended for this to be more of a study list than a watch list,
but I would suggest watching these stocks in a rally as possible trade candidates.

David

p.s. I will post the other list of stocks above support over the weekend. Still screening.



To: LastShadow who wrote (60)8/29/1998 11:44:00 PM
From: Nikole Wollerstein  Respond to of 43080
 
This stocks held well, all REITs DRE PLD SPG FFA SIZ



To: LastShadow who wrote (60)8/30/1998 12:13:00 PM
From: TobaccoMan  Read Replies (1) | Respond to of 43080
 
Last,

Listed are a few stocks that held the last two days on lower vol., mid/large cap, >10$, etc. A few of RookieDave's energys are there.

ADBE, BGE, CIN, D, DTE, DPU

I don't follow these, just ran across them with a simple "farm" scan. I think I remember that you Net ADBE so your thoughts would be appreciated. Short Ratio on DTE is incredibly high - mean anything significant for an energy stock?

TIA, Tob