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


To: Dave Shares who wrote (72)8/29/1998 9:40:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
Dave,

What is the criteria for the different technical ranks?

lastshadow



To: Dave Shares who wrote (72)8/30/1998 8:09:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
Utilities

>>>>the safe haven in the current storm seems to be utility stocks.<<<<

Thursday I would have agreed with you on that statement. But today I think NONE are safe havens

Chart of Michigan Consolidated Gas Company ... Michigan's leading Gas Company provider.
Earnings warning release on Friday.
Stock halted at noon @ $25.00 re-opened at 3 pm @ 17.00 down -8.00

207.95.154.130

I have now taken the consumer gas providers off my list of safe stocks.

ps....Dave, I like your lists too :o) ... thank you for providing them

Sue



To: Dave Shares who wrote (72)8/31/1998 9:39:00 PM
From: Dave Shares  Respond to of 43080
 
200 DMA SUPPORT

Many of the stocks I posted over the weekend
closed below their 200 dma or have dropped
more than 15% in the last five trading days,
which was a criterion I used for selection.
The stocks left are as follows:

AT ALLTEL CORP 44.875 -0.812
BOCB BUFFETS INC 12.625 -1.250
BUD ANHEUSER BUSCH COS INC 46.750 -1.750
CTL CENTURY TEL ENTERPRISES 45.375 -1.625
DORL DORAL FINL CORP 15.000 -1.125
F FORD MTR CO DEL 44.625 -3.062
GD GENERAL DYNAMICS CORP 47.562 1.125
GLH GALLAHER GROUP PLC 23.500 -0.625
LAMR LAMAR ADVERTISING CO 32.500 -2.750
NWL NEWELL CO 47.750 -1.562
PVT PROVIDENT COS INC 36.000 -0.625
SCG SCANA CORP 30.688 0.062
TCOMA TELE COMMUNICATIONS INC 33.000 -1.938
VCELA VANGUARD CELLULAR SYS INC 18.750 -0.875
WPSN WESTPOINT STEVENS INC 29.625 -1.000
WR WESTERN RES INC 40.312 0.125

"SAFE HAVENS"

BSE BEC ENERGY 39.625 -0.062
CPL CAROLINA PWR & LT CO 43.062 0.312
DTE DTE ENERGY CO 42.125 -0.562
ED CONSOLIDATED EDISON 47.312 -0.500
MTP MONTANA PWR CO 39.000 -1.312
NVP NEVADA PWR CO 24.812 0.062
OGE OGE ENERGY CORP 27.562 0.000
PCG PG&E CORP 32.125 -0.750
PEG PUBLIC SVC ENTERPRISES 36.500 0.125
PPL P P & L RES INC 23.625 -0.375
SO SOUTHERN CO 28.125 0.438
TE TECO ENERGY INC 26.562 -0.250
TXU TEXAS UTILS CO 42.500 -1.500

New home stats seemed to have begun
today's fall, and I would not think that would bode
well for issues like HD, LOW, BBBY, etc.

One issue that was dropped from the list
because of the significance of its five day fall
was Burlington Coat Factory (BCF).

Not that I would encourage anyone to do
anything at this time, but the company did
report increased same store sales, and I know
that as bad as things may get in places like
upstate NY where I live, my kids are still going
to need winter coats.

David



To: Dave Shares who wrote (72)9/6/1998 9:43:00 PM
From: Dave Shares  Read Replies (2) | Respond to of 43080
 
Results from List of Stocks
above Support Posted 8/29/98

Most of the tickers went down.
The ones listed below may be
worth continuing on a watch, as
they are still trading above the
200 dma.


Symbol Close Change Pct
From
Open

BCF 20.688 -1.312 -5.97
BOCB 13.312 -0.562 -4.05
BUD 51.188 2.938 6.09
CTL 46.000 -1.188 -2.52
CTX 37.750 -1.000 -2.58
FAF 27.438 -0.812 -2.88
GD 45.062 -1.375 -2.96
RPC 17.312 -0.500 -2.81
TCOMA 36.125 0.688 1.94
UMG 43.625 -1.375 -3.06
VCELA 19.125 -0.625 -3.16

The following tickers may also
be worth watching for upward
movement:

C 48.625
EAGL 20.125
PHM 29.688

David