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Post# of 24977
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Alias Born 08/05/2002

Re: None

Wednesday, 02/04/2004 8:09:25 AM

Wednesday, February 04, 2004 8:09:25 AM

Post# of 24977
NETM- Here'a a play today off Major_Poppers system.
This is a little on the opposite side of how plays are normally made.
Yesterday NETM popped large. As a major_Popper it did not qualify due to daily avg. volumn under 100k. But looking at the pattern of it's moves on days after it pops 12% or greater, it has a history of moving up on Day 1.
Date Pop % Day 1
Dec 02,03 12.04% 5.79%
Sep 03,03 21.35% -0.24%
Jun 09,03 20.36% 7.14%
May 08,03 20.29% 8.43%
Feb 27,03 12.79% 8.25%

Now the interesting play is going from there.
If NETM moves up 5% or more today, the play is to SHORT it there.
Here is what it does on the short side AFTER Day 1

Date Day 2 Day 3 Day 4 Day 5
Dec 02,03 -8.60% -8.60% -10.08% -15.70%
Sep 03,03 -6.27% -3.61% -2.65% -4.82%
Jun 09,03 -15.41% -4.51% -13.53% -8.65%
May 08,03 0.00% -3.61% -0.60% 7.23%
Feb 27,03 -9.28% -7.22% -9.79% -2.58%

These drop off numbers are based on the close of the POP day. So if one gets NETM on Day 1(today) 5% higher than the pop close, ADD 5% more to those drop down percentages. And one can see there is a strong historic corrolation to get a nice 10%++ on the short side.

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