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Technology Stocks : juno.com (JWEB)----IPO

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To: SwampDogg who wrote (76)6/11/1999 10:35:00 AM
From: Rommy B.  Read Replies (2) of 510
 
What happens if they settle "up" instead?
<g>
Well, if JWEB goes up before I get a chance to get back in, then that'll be good news for the longs; I'll still be content with my trading. There is always a chance JWEB will go higher, of course, but with the momentum down and the net market going on yet another sell-off today, I don't think that JWEB has what it takes right now to break into new grounds. MM may want to take price down in order to make more weak hands sell: there is nothing more frustrating than to buy a stock at 13, see the price go down to 9, then see it up to where you break even, and then see it slipping again.
But who knows what will happen.
Best,
Rommy

P.S. With all the nets I am holding, I'd much rather the market trade up than down...
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