Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.97

-0.3%

Jan 30 4:00 PM EST

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To: Clint E. who wrote (19047)	12/23/1998 8:38:00 PM
From: xcr600	Read Replies (1) of 70345

CLint, the link you posted earlier for the Naz worked for me. Interesting thing about current i-nut rally. The lesser stocks that ran big around Thanksgiving (AMEN,BAMM,CNKT,EGGS,NAVR,PPOD,etc..) haven't done much. But the more recent ipo's(MZON,TGLO,EWBX,UBID,etc) are really on a tear. Are people gunshy or the old stocks are yesterdays garbage. A safer internet play is Fingerhut. Not nearly the volatility and they actually make money. (Maybe that's why they are being ignored?) Good move today though. My guess people are all over MZON in the hopes of getting the next EBAY and maybe UBID. I've been hoping for a pullback in the Naz to get into a quality issue at a cheaper price. Will wait. Why the pullback that week? I was wondering if people sell right after the first of the year to lock in profits from 98 to defer taxes to 99. Your thoughts? Thanks x

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