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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 (18910)	11/20/1998 3:28:00 PM
From: Northern Cougar	Read Replies (1) \| Respond to of 120523

Yeah BEAS was bad! but how could you tell they would forecast low rev's for next year. I'm sure the fundamentals are not that bad and the beating was overdone as usual. My other picks which I sold also this morning covered the loss in BEAS. I guess Diversification saved me this time. Turning over this page, and looking for profits around the corner. Got in AMZN couldn't resist the lure of the 3 for 1 split.

To: Jenna who wrote (18910)	11/20/1998 5:58:00 PM
From: Jenna	Read Replies (5) \| Respond to of 120523

Technical Analysis and watchlists.. Nov 17:SIVB,MOT,ALA,MALL,SRCM Nov 18: NSIT+5,DLJ,BEN Nov 19: DRIV,UNFY,MPS,AMP,SAVLY,ADSK Nov 20:LEVL,N,FVCX,MWL were all up nicely.. All these stocks from previous watch lists including todays were up today even thought the list was 'meant' for Wed/Thurs/Fri. (Of course they provided for trading opportunities the days they came out as well, point is that they go on and on) marketgems.com marketgems.com marketgems.com A good trades comes equipped with a 'plan' much like a teacher has a lesson plan.. Your plan is the watch list. You must not however restrict yourself to just today's watch list and blind yourself to trading opportunities in the other recent ones (1-4 days). Market Gems will be here to give you methods, guidance, explanations even the stocks you need to for good day/swing/ or short term trading but we can't trade for you. WE set you on your way with stocks.. Before picking them we already checked out for you the price patterns that in most cases the support resistance lines. and tried to find stocks in a pivotal position that are about to move up... We filter with 12 technical indicators, news reports, fundamental health, and anything else that might give us a better idea of the 'qualifications of a stock for our watch lists. So you should not 'cast aside' this research if on day 1 the stock doesn't respond. It is a prerequisite to please keep 3-4 days of watch lists on your database and set them up either with alerts but at the very least check out for any price/volume breakouts. If a stock on the list doesn't move it usually means the SECTOR is soft if the stock moves down a bit, it needs to be watched all the more for a recovery. SIne the stocks are strong to begin with, that should be very quick (i.e. MOT) You should also be familiar by Wednesday with the stocks that appeared on Monday so it's not like you are getting 50 new stocks a day. Listen to market news and try to determine sector will be in favor today. If you hear the banking sector was up in European markets and or pre-market news indicates a sector looks good, pay attention. If a good earnings report comes from a sector, watch the others from that sector. Check for pre-market volume in large stocks. I was always 'on top' of the internets like a flash at any hint of news in that sector (GNET I was ready to pounce already by 7:00 in anticipation) AEOS, POWI, INTC, DLJ are fine stocks but none of them will move unless the sector is in favor (exceptions are usually earnings plays) Watch lists are made up of 'stocks'.. The ones on the watch lists are the best potential in their respective sector for a price breakout. If the sector doesn't move today, then it will the next day. Finance sector: BEN, WAMU,SIVB, I chose what in my opinion was the best potential in brokerages: LEH,DLJ I like both DMMC and NSIT in the mail order sector, LEVL in the elec. components sector.. and so on down way to the street beaters..DRIV ( a new one), VRIO, VSIO will not be ignored once they retreat on profit taking.. . It is not difficult to see in the morning if Banks, brokerages or large caps are having their day in the sun.. The DOW was the leader today, yesterday it was NASDAQ.. Monday it could be Russell 2000, you always should have your 'bag of opportunities' for any eventuality. .... Watch list of September 18 had a good deal of the financial and large cap techs that made good gains today. I was out for a few hours but I saw the alerts all on when I returned around 1:00. NSIT was on the watch list for WEdnesday it did well, STOCK broke DOUBLE TOP (Bullish) Point & Figure Chart Formation on Wednesday and that's why it was on the watch list.. it went up until thursday afternoon and then had a retreat on Thursday afternoon.. Does that mean I'll forget about it because it was down one day?.. Would I forget CREE because it was down for almost the whole week? Not on your life. Quite the contrary, NSIT recovered quite nicely and was up over 5 points and CREE was up a nice 1 1/2 points. Same with watch lists if I have to coax every subscriber or reader of this thread (every trader should have one) to buy a software package that tracks 50 or so stocks than I will.. Most traders track about 100-200 at any given time