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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (13606)4/29/1999 9:15:00 PM
From: Poet  Read Replies (3) | Respond to of 43080
 
Funny you say that, Jay.....

After doing my "98 taxes and seeing that I daytraded AOL, CMGI and NSCP for what seems like pennies last year, I've decided to go long term. This is what I bought earlier this week, with an eye toward the next-generation I-net:

QCOM
ATHM
AOL
DCLK
CMIC
MSPG
ELNK
UNPH
CSCO
FRO (as an "in" to GLBX)
GNET

Also CPQ and MXTR as "end of year" plays.

Great stocks,a well-researched basket, and I'm down 3% already. Just my luck to buy at the beginning of a tech/internet dump. If anyone's interested, I'll follow up in a month with percentage gains and losses.



To: Susan Saline who wrote (13606)4/29/1999 9:54:00 PM
From: Jay Lyons  Read Replies (2) | Respond to of 43080
 
>>how about a list from others here ... with the start of a leaders list? please include INTC :o)<<

Okay, here's a start. I suggest that anyone who wants to play cut, paste, and add their name to their suggestion. The goal would be to compile a list of leaders, so please don't add your favorite secondary or tertiary stock. The premise is that trendlining the leaders will pay off better than chasing the secondaries.

In the long run, I think tech is where it's at. The purpose of charting leaders in other catagories is to know where to go if the tech leaders are trending down.

LEADERS

Tech
Hardware: DELL, AAPL, IBM
Software: MSFT
Net: AOL, AMZN, YHOO, EBAY, ATHM, DCLK, CMGI
Semis: INTC
Semi-equipment: AMAT, KLAC
Networkers: CSCO
Peripherals: EMC

Health

Drugs: PFE, MRK
Bios: AMGN, BGEN, IMNX
Products: BOL, GDT

Financials

Brokers: EGRP, AMTD, SCH, MWD, PWJ
Money Center Banks: JPM, C, BAC, CMB

Cyclicals

Retailers: WMT, GPS
Auto:DCX, GM

Energy

Oil: MOB, XON
Drillers: SLB, BHI, HAL, TDW

Transportation

Airlines: UAL, LUV, U

Consumer Staples

That's it for me tonight.





To: Susan Saline who wrote (13606)4/30/1999 1:21:00 AM
From: Thomas Sterner  Respond to of 43080
 
<<and Tom ... many thanks again for your post on YUM>>

Sue, you are quite welcome. I decided to hold this one with a tight stop. So, now I can enjoy a 3-piece meal and a taco and let my LCE cement give me ulcers <g>

Tom