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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: SMALL FRY who wrote (42219)5/27/1999 2:27:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
Earnings Play June 1 #1..hit the day high notice the intraday chart and formation of the v-cup and handle.. where the buy signal was triggered at about 66 , together with an RSI and stochastics breakout. 20 big blocks going through on a 'relatively negative nasdaq market'. The stock is trading in tight BB's now and looking for another breakout. Historical earnings returns for this one is very good.. Looking for short term target of 70 after which 75.

Stock # 5 today's list.. went right to a bollinger breakout of upper band, pulled back but looks to retrace still up 13/16.. 18 big blocks went through. Interesting to see which stocks hold out today



To: SMALL FRY who wrote (42219)5/27/1999 2:50:00 PM
From: kha vu  Respond to of 120523
 
Market:
<<<The DJIA is firmly entrenched in negative territory while strength in the semiconductor sector has helped ease the losses in the NASDAQ Composite. Trading is expecting to remain choppy as many traders and investors square away positions before heading for the door for the long Memorial Day weekend.
Several research analysts indicated the DRAM market may be poised for a bounce soon which has helped the semiconductor sector - MU is up $2 5/16 to $38 9/16, INTC is $1 11/16 stronger at $53 3/8, and AMAT has tacked on $1 7/8 to $56 3/8. Drug-related stocks have also bounced higher this morning - PFE has jumped $3 13/15 to $104 13/16, LLY is up $1 1/4 to $68 1/4, and BMY is trading at $68 3/16 with a $1 11/16 gain.>>>>>>>>>



To: SMALL FRY who wrote (42219)5/27/1999 6:27:00 PM
From: lee kramer  Read Replies (4) | Respond to of 120523
 
Small Fry...we've been in a tough market for the past 4-6 weeks. Some of us are doing OK, some are doing very well, and some of us are (from
reading the posts...and between-the lines) getting clobbered. Perhaps a few pithy thoughts might help;

- It's oh so easy to BUY. A nice chart, a nice piece of news, an analyst reco or upgrade and we've got ourselves a reason(s) to buy. But selling is tough, really tough, especially if the stock you bought is running. Who likes to let go of a "friend", especially a friend who's handing you money. Not me. But I do. I sell portions of winning positions, typically by placing GTC sell orders above the market.
- Another way to trade is to find a stock you like and buy it on a scale down...build your position and always have sell stops in place...'cause at some point the trade is a mistake. Some of the best trades I've ever made have been losses.
- After the market or several stocks have taken a hit, it's common to see some wide swings on heavy volume. This sometimes signals a bottom...maybe not a final bottom, but a "trading" bottom. It's my sense that we may be going through something like this now
- Watch Jennas's daily Watch-List and Earning's Plays. I've observed many "experts" over the years ...but I gotta tell you that watching Jenna for only TWO months's only has impressed the hell out of me. Not just her suggested buys...but her work ethic and concern for us all. And I've turned into the king of SKEPTICS over the years.
- Try not to listen too much to the CNBC/analysts/experts "noise". It can really mess up your thinking (it has mine...so I use the "mute" button a lot). But, there are some folks who ARE quite good.
- I posted on the bottom of my WEBTV this quote from a trader whose name I don't recall; "TWO-THIRDS OF MY PROFITS CAME FROM THE TIMES I ENTERED MARKETS (STOCKS) IN THE OPPOSIT DIRECTION OF HOW THEY SHOULD HAVE TRADED...LISTEN TO THE MARKETS, DON'T TRY TO IMPOSE PERSONAL BELIEFS ON THEM". Trade as well as you can. (Lee)