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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (2199)	11/2/1998 12:41:00 PM
From: drsvelte	Respond to of 39683

BOOL up as they will merge with BMC.

To: Dr. Stoxx who wrote (2199)	11/2/1998 1:16:00 PM
From: HandsOn	Read Replies (1) \| Respond to of 39683

What is Your target price for getting in OKEN.

To: Dr. Stoxx who wrote (2199)	11/3/1998 12:40:00 AM
From: Patric	Read Replies (2) \| Respond to of 39683

Hey Thomas! Re: BOOL (+) and MCK (-)--may I suggest a little reminder sign that says "Fundamentals Happen" next to your computer? Two I am watching for entry points are AVEI and PAYX. Missed out on AVEI last week so I am waiting for a pullback. AVEI doesn't meet your criteria (way below its moving averages and only a 55 or so RS ranking), but I think it is a good momentum play. PAYX DOES meet your criteria, I believe, although it is currently oversold and needs to pull back a bit before I will consider an entry. You might want to keep an eye on it. Charts: PAYX: timely.com AVEI: timely.com Have you considered the Motley Fool screens to save some time in your screening process? Link: fool.com Regards, #B~\|>

To: Dr. Stoxx who wrote (2199)	11/3/1998 12:29:00 PM
From: Dr. Stoxx	Respond to of 39683

Found this on APCC (and the market in general, from a well-known bull: Headley): <<"We think that 10,000-plus is a very safe assumption in 1999, with a decent shot at 11,000 on the Dow," he says. The one note of caution in all this optimism is that while Headley believes the absolute lows have been set for the year, he wouldn't be surprised to see a consolidation to the 8,000 level on the Dow before his bullish scenario takes the market higher. "Whenever we're coming out of these bottoms in the market we always want to look for the stocks that have bottomed earlier and are preferably starting to either make new highs, or are on the verge of making new highs, well before the market does," he explains. "Those are the kind of stocks that are going to lead on the next up leg." Three that fit the bill now, in his view, are American Power Conversion (APCC), EMC Corp. (EMC), and Nokia (NOK.A). Among the factors Headley looks at in judging a stock are the trend on the stock's chart, and the action in the stock's option market. "American Power stock's been acting very strong, yet the options crowd has not been expressing that much interest, and we've even seen some signs of pessimism," he concludes. "Plus, on another sentiment measure, the stock's got a short interest, which is the number of shares sold short, equal to19 times the average daily volume, which means as the stock stays strong, it puts a lot of pressure on all these shorts." Headley says either buy the stock, or if you buy options, buy calls with an expiration month of March and a strike price of 40 (PWQCH). "They're not going to be the cheapest options, but they're probably going to be the best risk reward bet.">> Take it all with the proverbial grain of salt...TC.