Replies to post #3529 on Nortel Networks (fka NRTLQ)

[PerfectSage]

Gy, your welcome.

Here is the link to the article.

http://www.sierrainvestor.com/stan_weinstein.html

Here's a link to an article that explains Weinstein's stage analysis in more depth.

http://wallstreetwindow.com/weinstein.htm

You can find early stage 2 stocks after they breakout by looking at bullish 50/200 day crossovers. You need to evaluate whether a "bullish" 50/200 day crossover is signalling an ascending phase or whether it's occuring in a topping area. Bearing in mind that most stocks in a topping area will breakdown into a declining phase, eg RIMM. But some stocks in the topping area can occasionally breakout into a new ascending phase. eg SMTS.

AVII is good. I'm seeing a lot of biotech/biopharma begining stage 2 ascending phases. The best gainers are involved in avian flu cures.

http://stockcharts.com/def/servlet/SC.scan?s=TSA[t.t_eq_s]![t.e_eq_n]![as0,20,tv_gt_40000]![as0,50,t...

Institutional buying is what propels stage 2 advances, so a good place to look for ideas is here. Note NVAX is #1. I bought it at $2.60 and it's doubled in 2 weeks. ;) I'm guessing $8 will be a good place to get out.

http://moneycentral.msn.com/investor/finder/deluxestockscreen.aspx?query=Institutional+Ownership+Up+...

You can set up a weekly chart like this in the "Free Charts" section of stockcharts.com for stage analysis.