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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: john shoemaker who wrote (31398)4/6/1999 9:28:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
John..thanks that's very appreciated feedback. The internets have been good for the past 16 months which is when I began with MSPG ELNK in and then NSOL and and a procession ending with EWBX, EXDS. It is the market that is smiling on them and my bullishness on the other hand. I've gotten thousands of e-mail in the last few weeks and i've maintained bullishness throughout simply because I think the Internet is the future and probably just as important a 'breakthrough' as the Television and then the Computer.

Once you maintain a 'general pervasive bullishness' you build up the confidence to hold a position up to a few weeks and lately, with NITE,ABOV, VRIO and NTBK, even a few months. You don't even need that much capital because the last two trades I made on YHOO and INKT cost me between about 13k each. But there are days that I have very much capital tied up in that sector, but never for more than a swing trade. The longer positions I maintain are only 200 shares and occasionally 300 if the company is under $40.

Then you keep an updated database with historical price patterns, indicator breakouts, volume etc.. and technical chart patterns, look for hints of pattern breakouts and a little luck doesn't hurt.