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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 (22814)	1/24/1999 4:56:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

The conservative 'multi-millionaire' clients of Money Managers and even the Money Managers themselves are getting on the bandwagon. I did an in depth research on all the earnings plays since October 1998 and then went back to take a group from April 1997 - June 1997 and from July 1997-January 1998 to allow for equalization of the reasearch in all kinds of markets, 'good markets' and 'bad markets' etc, and found that the vast majority of earnings plays made for excellent intermediate (1-2 months) hold and a number of them did even better in the 6-8 month hold.. I did not check after but I will be following those companies for 1 year total. In fact they have been so profitable that we have been called upon by a savvy research company that provides independent third-party research to professional investment managers, wealthy individual clients, an others able to pay some remarkable fees for research on what's hot and what's not, relating to both the U.S. and international markets. They have begun selling our yearly subscriptions to their clients. And these clients are not daytraders or even swing traders, but investors for either the short or intermediate term. They like the techno-fundamental approach to trading/short term investing, because most people are either fundamentalists or technical analysists but not that many are both. They also like the concept behind the 'earnings plays' and the anticipatory upswing method and the 'homework' done before the actual plays themselves. I won't exaggerate to say that comparable services are up to $10,000 a year, not even in the same league as 'trading or stock selection website' like Market Gems or any other on the web for that matter. i think its that the wealthy individual expects to pay a large fee for a research service. It seems there is niche wide open for mid-price research and low-priced research which in manner means this research is inferior to the $10,000 a year variety. They don't want to wait for the companies to report earnings to get on board either, or wait until they start appearing in national financial publications that are not printed until one month later. I did not anticipate that and did not even target such a market. I was approached last week and have been very surprised at the need out there for research on companies that are not in forefront like Lucent or Cisco but perhaps tomorrow's AMZN, etc and everyone wants to pay a reasonable fee for research, even the very wealthy. People are becoming 'individual investors' no longer dependent on a basket of mutual funds or money managers with antiquated ideas and slow moving stocks. I'm sure this has a lot to do with the internet and enormous gains people who have been privy to our information have made and of course those of our competitors as well. Especially in light of the failure of mutual funds to 'get on the band wagon' until a full year after the fact. And as for daytrading I leave that for extremely volatile days, when I could get a 10% above from a single trade otherwise its the longer time hold, the homework before the play, that does it. Momentum has its place but in the long run its the position/short term/intermediate trader that makes the most profit.