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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: Bridge who wrote (26388)	3/8/1999 11:33:00 AM
From: Wojo	Respond to of 120523

Bridge Jenna seems to use daily charts for most of the alerts, buy signals etc, and I think she said she uses 15 min. charts for actual buys. As I learn I tend to use daily and hourly charts on quote.com and 10 or 15 min. charts sometimes thru the day. I'm looking at RT charts as the next step. Wojo

To: Bridge who wrote (26388)	3/8/1999 11:41:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

I watch the 6 month and yearly chart and my buys are from the shortest breakout points like the 12 day RSI, short term momentum, MACD, OBV, etc. on these charts. My favorite strategies are the 7 day moving average on the yearly chart. The strongest stocks are good buys when they bounce off the 7 day MA. Here you have to filter and scan for the creme de la creme and then you chart for the stocks that are bouncing off their 7 day MA. The trick here is that the other indicators have to be super. The stock has to have high ERG high rankings, high everything, good McClellan Oscillator, Strong Chaikin Money FLow, positive PVI and OBV, Linear regression sloping upward, etc. and at the top 10-15% of their 52 week high, etc. but rank low on its 7 day MA. If your target is a 3-5 day hold then you look to enter with breakouts triggered by short term indicators and/or a breakout of resistance by the particular stock. You check the 5 minute - 15 minute chart or even the 1 minute - tick chart if your stock is a very hi-flyer (RNWK today was).. You should be drawing channel lines (bollinger, envelopes etc). Then my calls are triggered by 'breakouts to the upper channel' confirmed by RSI, or some other indicator/s If your target is intermediate hold than you would be better of looking for a breakout out of a longer term. A weekly stochastic, MACD or momentum instead of a daily measure of stochastic and ultimately your goal would be a breakout after a longish consolidation (6-8 weeks of consolidation). That's where the earnings plays are important because they usually break out of such consolidation before and after good reports. That is why I say that earnings plays make good intermediate holds. What I meant is that they make good swing trades and then you can either hold for the intermediate after you take short term profits or you just stay in for the longer term as I did and still am doing with ADLAC, ZQK, ADBE, ERTS, CHCS, MACR, FOX, SNC, SNRX, etc. marketgems.com here are some more strategies.