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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: Northern Cougar who wrote (19172)	11/25/1998 5:26:00 PM
From: Jenna	Read Replies (3) \| Respond to of 120523

Market Gems (Watch Lists 'R Us) <<<Since volume increase and accumulation are keys you use to filter the stocks. Would it be possible to add a col. to the chart that indicates the %volume increase and possibly an Accumulation/Distribution Indic. eg: Large block trans.(indic of Institutional position).>>> First about large blocks my minimum requirement for including a stock on the list is 10 large blocks. So being that is a prerequisite, figure each stock on average has more than 20 blocks going through.. anything over 20 is excellent. so that I would perhaps mention somewhere as a 'given' 1/30 increase in volume I used to include and will continue, although I've had so many letters asking what that was..I would solve that problem by including a small paragraph on each watch list or on the information page (the one that comes up when you click on the "news" or "chart" icon) ..a glossary so to speak of what these criteria and categories are that (150% more than 30 day average volume) so yes.. that should be done.. and unlike the large blocks going through this should have a 'value' to indicate how much value rather than a general prerequisite... so a yes to that as well as accumulation /dis.. that would be possible as well. even add a category of the 'day'.. .. for instance today there would be a low stochastic... and the group of stocks that have low stochastic but high RS etc. and another group of stocks in the 'breakout of building a 4-6-8 week base' or something like that together with good fundamentals and that would be relevant already started from December 1.. and next earnings season. <<<As well an indication of suggested holding period 2 days, 5 days, 10 days or more would also be very helpful since we don't all know the trading patterns of these stocks>>> This one is not possible since I have no way of knowing when the uptrend will dissipate. There are times when I've exited and re-entered a trade (i.e. MALL, TJX,GNET,USWB).. That is why putting in support/resistance values when they can be computed is so important and I try to include that even in posts to the thread. S/R values not quite as explicit as what you suggest, this would let the trader know how strong the uptrend is, how close to resistance after bouncing off support, 52 week high, etc.. If it is broken out above resistance and by how much percent etc.. Exit calls are 'expensive' calls to make.. They are usually offered bystock sites that charge quite a bit more for that service. They are also not quite the scope and focus of Market Gems If you take into account how much research is done by Market Gems (or actually, me) compared with a company like Pristine or Day Traders On line you will see that if I were to continue with all the research and add their focus (calling entries exits) I would in essence be giving out two services instead of one, thereby limiting efficacy by spreading myself way too thin. It's more like a 'niche'.. Market Gems has the niche on good research both technical and fundamental, good watch lists (a.k.a. Watch Lists 'R Us) and to prepare the trader for his trades by freeing him up from the scans, charting and filtering.. and 'setting him out on the trading world' with stocks from 5 to 30 dollars in pivotal position to break out. Lots of the same stocks come back again like (USWB, GNSSF, MALL,POWI,CREE, etc).. so in time familiarity will set in.. and finally the stocks that 'make' the newsletter and 'beat the street' are usually good intermediate term holds as well, at least until the next earnings quarter.. where would the line be drawn there? Anyhow I have given your questions considerable thought as you can see in the answer and implementation although not immediately will happen in the next week or so.

To: Northern Cougar who wrote (19172)	11/25/1998 6:03:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

BVSN..holding I got into it at 15 5/8 the day after it was on the watch list.. (15th) and it was lackluster for a few days then on the 19th it went nuts....I saw it up about 3 today but it closed up 4 5/8 at the day high.. I probably would not have sold it anyhow had I seen the price at the close. I expect a gap up in that one.. I've been bullish on this one since August 19 and some of you might remember it was the only stock that was up over 5 points in two days when the entire market was plummeting.