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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 ()2/22/1999 6:35:00 PM
From: Mark[ox5]  Read Replies (1) of 779
 
Big days

Compuware (CPWR)
Vitesse Semi (VTSS)
Ebay (EBAY)
Network Solutions (NSOL)
Mindspring (MSPG)
Real Netorks (RNWK)
Gnet (GNET) >splits tonite<
Digital River (DRIV)
AboveNet (ABOV) >upgrade<
Sun (SUNW) & American Online (AOL) were biggest winners of the gorillas

Etrade/All internet brokers

Now is this a 3 day rally we are embarking on or does this dog have legs... I don't know.. already we sit on 9550 on the DOW and its going to take a lot to break 10K. Only 450 pts away.. that is only 3 good sessions away. I think basically the tech stocks were oversold.. and now you have some bargain hunters... but the question is, is this very short term bargain hunting or longer.

Summer is seasonally the worst for technology... however, still a few months off... interest rates ok as long as they stay below 5.40% range

Tommorow will be interesting once Greenspan finishes talking.. looks like the market may have priced a bullish or non committal tone from him into the market today... so is tommorow buy on the rumor & sell on the news (him actually speaking)

Intrigue every day ;) Only at Wall Street

Remaining very cautious here... would just like BCST to go up 10 bucks so I can sell and get some trading cash :)

Mark
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