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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 (18526)11/13/1998 9:41:00 AM
From: Joe Hoek  Read Replies (1) | Respond to of 120523
 
Anyone watching WSTL? Popped $1 to 7 3/8. May be from the AVCO shootup from yesterday. WSTL makes ADSL modems.



To: Jenna who wrote (18526)11/13/1998 9:56:00 AM
From: Jimbo  Read Replies (1) | Respond to of 120523
 
Got back into DELL at 65 1/4 ! I agree Jenna it should rebound up to around 68 Mon/Tues ! (Sold it yesterday at 68 1/4 - prior to earnings !)



To: Jenna who wrote (18526)11/13/1998 10:13:00 AM
From: Jenna  Respond to of 120523
 
In NMGC 18 1/2,In GNET 37 11/16 (on today's watch list I was prepared even so it went nuts in the morning could have gotten in at 36), DELL gap down filling, NSOL gap up filling, in 69 1/2..after gap filled. Never saw a chart like the NSOL's 1 minute chart, wait for the spread to shrink, it always does.



To: Jenna who wrote (18526)11/13/1998 10:49:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Another tip: GNET when an internet stock 'has its first earnings ever' in quarter a 5-7 point gap up is nothing. You CAN NOT weigh the stock not by itself ONLY in conjunction with other stocks in the internet sector You have to discard your OLD trading strategies with the internet sector. Even raise your risk tolerance level because the rewards are so great.

When a stock doubles like NSOL in a month, or MSPG you weigh their gains against their gap ups. I watched NSOL yesterday and watched it climb 6 to close at its day high. Had I not hesitated at the open I would have been up 8 by now instead of just a couple of points.

I've given up waiting for puts and trying to short and am now running with the bulls and following the trend in that sector. If a stock like EBAY or those new IPO's that could fly up 50 on nothing...no earnings, how much more so an internet company that is earning (NSOL, MSPG, YHOO, also earning and just look at the figures for these stocks in the past 30-60 days...)



To: Jenna who wrote (18526)11/13/1998 9:03:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Great Paul..I did see HBOC today. I would have picked it up but I was still thinking of the really good trades this morning some just lucky to be at the right place at the right time, having spoken to the people at GNET the day before.

NSOL and GNET, JPMX, MALL were all tradeable today. . I have gotten e-mail this evening of traders that got into GNET, DURA, BSX and stocks that were in 'street beaters' portfolios, earnings plays for next week (TJX, BJ, SYB, LOW) what do every day is track every stock in the watch list, whether I buy or not and see how much the chart has changed, did it close near high range or low range, has its accumulation changed, where is it in respect to its support/resistance lines, etc and the indicators improving or has the stock fallen even more out of favor, etc, I do this to determine what chance it could have for the next trading session. I do this with stocks that I 'know' better like POWI, CREE, QLGC, NSOL, ASYT, ANLT...

I did this with stocks that I was curious about especially lately GCTY and NTKI and now I will now begin testing the waters and trading these flyers, but still not ready for the mega bucks to get EBAY.