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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 (28432)3/18/1999 10:52:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
CLB..+9.17% Please do not ignore stocks that might seem unfamiliar at first. marketgems.com Note the cup and handle breakout
Each and every stock on the watch list is there for a reason. I also use stocks across various sectors in case the 'nets are down there will always be an alternative stock in either a drug, telecommunications, retail sector, etc.



To: Jenna who wrote (28432)3/19/1999 4:02:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
Repost from last night update: XCIT and ATHM mentioned below did very well, YHOO still did not break out (but then that was obvious). AWRE had a nice morning before it to pulled back. CLB would be a sell after a nice few days of gains and so would EFII after climbing another 1 and pulling back..

To: Richard C. Hennessy (28427 )
From: Jenna Thursday, Mar 18 1999 10:33PM ET
Reply # of 28665

Backtracking the watchlists: CUP & HANDLE chart formations in:
CLB,XCIT,AWRE, Also ATHM(#1 on yesterdays list)great chart beginning of newly formed uptrend. volume indicators are bullish and YHOO are due for breakouts (ATHM is fast approaching penetration of upper trend line at about 126) EFII twice on the list last week up nicely from 34 to 38.
I will chart these tonight and point out entries when applicable.



To: Jenna who wrote (28432)3/19/1999 4:14:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Intermediate hold Versus Swing Trade.. How to determine entry? One of the questions i've gotten most from posters and subscribers are about entries and exits for longer term holds. These will most likely be your most profitable and less risky trades from our newsletter these (and that also gives me an indication as to why our most successful traders are part time traders who usually get a newsletter stock that beat the street and hold it because they really can't track it that well intraday) Of course we'd like you to track the stocks at least once or twice daily and set stops.

This weekend I will put together using either bollinger bands, trendline breakouts, or channel breakouts a dual trading strategy so those of you who would like to hold a stock longer than 2-5 days, you will have a good idea of when to enter a trade. Roughly speaking you must always look at a much longer trend breakout as well as the few weeks breakout.

Tonight I will have some chart examples and explanations. My average trade is probably 2-5 days in the trading portfolio and for internets its usually 10 days then I can take the stock after 2 weeks (usually its a 'remnant' of my original position) and just transfer it into intermediate portfolio which is what I did with NTBK,BVSN,COOL,ABOV,VRIO,VRSN,DCLK.. from this portfolio I have sold CMGI, CNET and GNET completely. I will not hold stocks there that are 'one day wonders' but only stocks that have come out of my own scans, where I track volatility,market capitalization, revenue increase across the past and present and estimated for the future,historical price patterns, breakout levels, sales, share of the market etc.

Remember there is no substitution for reading up on Technical Analysis.. We are here to give you trading guidelines but we assume you will continue learning more on your own.