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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: paul e thomas who wrote (8829)1/8/1998 11:08:00 PM
From: RWS  Read Replies (1) of 13949
 
Looks to me like the following will be down to sideways for next few days - ACLY, ALYD, CHRZ, CPWR, CRYSF, IAIC, IMRS, SPNSF, SYNT, TPRO, and UCMP. All show signs of being short term overbought and in need of consolidation or correction. Guess more of a correction if general market takes a dive.

I sold ALYD at 19.75 and bought back half at 15.50, holding. Sold 1/3 of TPRO position at 6.50, holding the rest. Sold IMRS Jan 25 calls when it hit 35 on the way up. Will sell SPNSF calls at break even tomorrow unless it moves up. Watching the rest for buy opportunity in next two weeks.

RWS
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