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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 (16158)	10/4/1998 11:40:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

There is no technical analysis or market gauges can tell you for sure what the market will do in in the next few sessions. We admit we don't know if the internets will advance tomorrow or fall strongly. There are posts on various threads that are throwing superlatives freely in both directions in their eagerness to stamp themselves with 'genie' status. They say 'buy' and they change their minds and say 'sell'... Some jump in take credit when some stocks advance, disappear when their stocks decline. Others say institutions are pouring money into the market, and then they say institutions are taking money out of the market. They change their minds as quickly as the stocks themselves change trends. We can't depend on fanciful trading strategies that look great when printed out, but are worthless when tested in the market. The only answer is to watch the trend carefully intraday. Use the 'basketful of choices' that we have. Try to call some stocks just BEFORE they rise or call 'puts' BEFORE they fall too far. We might find some defensive stocks like the golds in the last few weeks, food, soap & cleaning products that might buck the trend, or some severely beaten down stocks that could rise.