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Strategies & Market Trends : Befriend the Trend Trading
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Dr. Stoxx who wrote (5666)12/7/1999 9:19:00 AM
From: Dr. Stoxx  Read Replies (3) of 39683
 
IPO's OF THE DAY:

MCAF: Morgan Stanley underwrote this online provider of virus protection software and subsidiary of Network Associates. It's gotten off to a hot start, so is likely to see a pullback. Let's watch this one for today. A close above yesterday's high would be positive.


PFSW: Hambrecht & Quist underwrote this transaction management services firm that provides managment services for electronic and traditional commerce. It has sold off for 3 days in aftermarket. Place a stop-buy order 1/8 above yesterday's high and adjust at EOD if necessary.

In both cases, looking for 100% to 200% return or more in 3 months, otherwise close out the position.

TC.
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