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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: Jenna who wrote (15109)9/18/1998 2:45:00 PM
From: Jenna  Respond to of 120523
 
OEXUS S&P puts, COMS, SLR..(at high of the day)

OEXUS now trading at 3 7/8 * 4 1/8.

COMS trading at 30 3/8 * 30 7/16.. It's hard holding on to a good stock in a bad market.

NKE.. I would be hesitant to hold this over the weekend. Just an opinion, please do your own DD.. NKE could give back some gain next week.

SLR.. a really fine company.. it made its way up from a down market to reach its intraday high. I would not be averse to adding this one to a short term/intermediate portfolio



To: Jenna who wrote (15109)9/18/1998 3:00:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
Strategies, Methods and other Vodoo..for trading successfully

There is nothing better than keeping on top of your technical analysis and fundamental analysis. Leave the complicated trading systems for everyone else. Don't trade every stock out there. Keep your own 150-200 special stocks or even less. Complex wave theories, mathematical computations make the authors richer. It's not that I don't appreciate the 'brilliance' going into these systems but it is not necessary. It's great for phd theses and selling books on trading.

Some good trend line charting, channel trading and reading up on the fundamentals of your companies will give you a big head start in trading profitably. Some fundamental books and not the complicated ones that are good insomnia antidotes. You don't need a math formula to be a good trader. You need a good quote system, an alert system if you are a full-time trader, and a good TA software program and some idea of the historical price patterns of your favorite stocks (i.e. resistance, support levels, moving averages, etc)

Read the newspaper and listen to CNBC add that ..and that's enough.
Some of you are sending me book titles that are incomprehensible and don't look like they will prepare you adquately. Perhaps after you've traded for 20 years, you might want to read some of them.