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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote ()2/1/1999 12:21:00 AM
From: Mark[ox5]   of 779
 
In play for positions and splits:

YHOO - Bought a few Feb 370 calls late Friday in case it runs on me.. but will have another limit order in tommorow. Chart is beautiful right now. Want to buy the CALLs if stock is in the $340s area.
Splits next week

BCST - this one constantly evades me... you'd want to buy in lower $160s if possible... low float, split around the corner... in an up interner market this could explode (this is the one that went up 100 in 1 day)

BRCM - In the Feb 130 options, loving it.. $16 , this is a hold (unless a spike) until mid Feb when it splits. Support at $132, if it falls support at $118 (and id buy more calls) Great stock, period

SUNW - This stock is simply incredible. Such a perfect chart. Great fundamentals... and its Mkt Cap is below that of AOL, (by a lot), and just above YHOO. This is silly. This one should continue its long upward run all year... a keeper.

ABOV - showed life Friday, this one depends on volume.. and if people realize they are in EXDS' niche. Would like to see it sustain over $26. Downside risk is $24.25.

MFNX - Steady, slow... but a real player.. more of a long term hold as it doesnt trade as well... but if it breaks $50 it should see no resistance for a while.

Am eyeing both GNET & CNET but will need to free up other positions before can play those. LCOS should continue strength. CMGI great stock.

Market should continue to channel between 9100-9600... would like to see a breakout down or up, but until then it's unsteady and be careful.

Have a good week and good luck,

Mark

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