congratulations, 2000 is here in australia and nothing is blowing up, look for money to start pouring in as we cross the time zones with no nuclear explosions, i think we are setting up for one last day of "holidility" then major rally next week as euphoria takes up to blowout top somewhere around rande's date of 1-13, profit often, but a lot more upside left, but it will be volatile
trading ideas
yahoo- you know its going to report record numbers and a split on 1-12, $550 price target yesterday, will probably hit $500 next week, waiting for someone to come out with magic $1000 price target
idc-riskier in the 60's than the 20's, but it should still run more, lots of possible news on this one that could drive it to $100 anyway near term, sold 80% of my position yesterday when it broke $60 but still holding 20% for $100 target short term
tier- value play b2b/ ariba partner, at 1 times sales?
cnqr-got to have good earnings on 1-19 that should lift this lid on this b2b
scoc-pullback , should get another pop from newbies next week as it is for sure on harmon top ten list
rnwk-if yahoo is running hard, can rnwk be far behind? made somebody's 2000 stock list with $325 price target
iaac-under the radar screen, low floater, will announce international on line trading in january, should be good for 20+ when it does
hear- yahoo president said yesterday it will concentrate on "voice services" going forward, has to help hear
mrvc-fiber optics, with "mini cmgi" twist, several components it could spin off as ipo's, price to sales very low vs etek/jdsu (although growth is lower too)
this is enough for me to play with for next week,
look for some wild swings today, but i think we could get big upside pop today , cant imagine many sellers being around today, people will be wanting to invest y2k money as they see y2k is not a disaster |
