To: Mopack who wrote (30004 ) 3/29/1999 3:11:00 PM From: Jenna Read Replies (3) | Respond to of 120523
DOW 10,000 ...Here is the March 26 watch list: Lots of subscribers wrote what asking I meant by "still bullish on" a stock. It means that I still maintain some postion in the stock, not usually the entire positions and I think it still in a strong uptrend.. In this case I was bullish on NSOL, SONE,VIGN,PEP and NTBK. which except for NSOL did in fact continue its uptrend today. Remember that most of the stocks in the watch list are NOT for daytrading but for swing trading (2-5 day holds) which I think is the best trading strategy for maximizing your profits. In the earnings plays, you have the swing trade and also the intermediate trade. Many daytraders had managed to eke out a point or two with VIGN and NTBK but you actually did inifinitely better if you held on to this one for a 2-3 day hold. I had taken off some hi flyers in an attempt to 'balance' the list as the futures were down last Friday. I was undaunted that the globex was down during the night. I expected a continuation of a good day today and decided to keep today's watch with my favorite hi-flyers. These showed excellent chart patterns over the weekend thereby including stocks #1,#2 and #8 in today's watch list. Watch List for March 26, 1999 Still bullish on NSOL, SONE, VIGN,PEP,NTBK CHTT and DRI beat estimates after the close. If market is down look towards the earnings plays for some trading opportunity.. BDX, will have a point & figure double top breakout at 48. I put up the MSFT chart even though it is probably a bit overbought so you can see a perfect Cup and Handle Chart Formation and new 52 week high and MACD breakout. Click Launch to access all charts Interpretation of Criteria and Technical Indicators of our Watch Lists Stocks in Portfolio Criteria Criteria Values __________________________________________________ STOCH VAL 21/3 DY display only MACD HST 8/17/9 DY display only % HIGH VALUE 4-WK display only STOCK PRICE display only PERCENT DAILY RANGE display only 1/30-DY VOL RATIO display only WILDER BRK 9-DY display only WILDER RSI 9-DY display only 1> NTBK - NETBANK INC .INT St21V= 63.5 Mc8dC= -37.0 %Hi4 = 97.9 Price= 57.5 %Rnge= 94.0 VL/30= 106.7 W9dB = -11.0 W9dV = 60.3 2> SPLS - STAPLES INC .RSP St21V= 72.4 Mc8dC= -8.0 %Hi4 = 97.7 Price= 33.0 %Rnge= 100.0 VL/30= 96.4 W9dB = -36.0 W9dV = 60.8 3> MLTX - MULTEX SYS INC .SER St21V= 48.0 Mc8dC= N/A %Hi4 = N/A Price= 34.1 %Rnge= 67.0 VL/30= N/A W9dB = N/A W9dV = N/A 4>TECD - TECH DATA CORP .DLD St21V= 12.9 Mc8dC= 24.0 %Hi4 = 92.8 Price= 16.1 %Rnge= 100.0 VL/30= 58.2 W9dB = 1.0 W9dV = 45.1 Earnings play showing momentum 5> CPWR - COMPUWARE CORP .DSO St21V= 11.2 Mc8dC= -1.0 %Hi4 = 82.7 Price= 23.4 %Rnge= 88.0 VL/30= 83.8 W9dB = 2.0 W9dV = 41.7 earnings play showing momentum Selloff Overdone Good earnings going forward 35-40% growth. 6>HD - HOME DEPOT INC .RSP St21V= 40.8 Mc8dC= -49.0 %Hi4 = 97.3 Price= 63.6 %Rnge= 93.0 VL/30= 89.9 W9dB = -8.0 W9dV = 55.9 10,20,30 day moving average breakout, stochastics breakout 7> GNSS - GENESIS MICROCHIP INC .ESE St21V= 14.9 Mc8dC= -70.0 %Hi4 = 78.0 Price= 25.6 %Rnge= 100.0 VL/30= 225.2 W9dB = 1.0 W9dV = 43.0 oversold looks to be turning here. 8>CVS - CVS CORP .RDR St21V= 14.8 Mc8dC= -30.0 %Hi4 = 92.4 Price= 49.0 %Rnge= 92.0 VL/30= 189.6 W9dB = 1.0 W9dV = 46.1 Note the unusually high volume here 189.6 9>PEP - PEPSICO INC .BSD **preferred trade St21V= 61.4 Mc8dC= -6.0 %Hi4 = 97.8 Price= 39.3 %Rnge= 77.0 VL/30= 90.5 W9dB = -56.0 W9dV = 52.8 Close to resistance at 39 1/2.. and a Double Top Point & Figure breakout at 40. Bollinger bands very tight looking for price move. 10> JMED - JONES PHARMA INC .DRU **preferred trade St21V= 78.0 Mc8dC= 17.0 %Hi4 = 100.0 Price= 32.8 %Rnge= 96.0 VL/30= 128.7 W9dB = 20.0 W9dV = 62.6 32 1/2 was resistance that JMED took out. MACD is bullish and thevolume indicators are bullish as well. at 33 JMED will have a Double top Point & Figure breakout. ________________________________________________________