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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: tom pope who wrote (2912)11/22/1998 8:37:00 PM
From: Dave Shares  Read Replies (1) | Respond to of 43080
 
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Tom,

I think I prefaced my picks with a comment that everything looks overbought, yes, AMES fits that bill, but maybe it will keep going.
I'm not talented like the folks here who can find stocks like DRIV and MALL which take off like rockets.

Anyway, I simply was looking at stocks that have a market cap over 400 million, av. vol. over 100k, upward 50 dma, lower than 80% of the 52 week high, positive money flow, and above the beginning 1998 price.

For stocks between $8-40, this didn't leave much, and I selected the two with charts that seemed to be able to go higher over the next few weeks.

David

Hey Jay, glad to see you!