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Strategies & Market Trends : 50% Gains Investing

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To: kimberley who wrote (748)4/16/1998 11:29:00 PM
From: Dale BakerRead Replies (1) of 118717
 
OMKT kept me even yesterday. I watched the other Internet stocks and decided not to get in either way. The momentum changes to fast for a poor non-Level II E*trade guy like me. Glad you have been doing well.

I will be watching the pre-opening bid/ask on the major Internet stocks closely on Friday. If OMKT gaps down I will sell at the open and see where it settles. Still like it long term, but bubbles have to burst. It wouldn't surprise me if we see a runup to start, then traders unwinding positions for the weekend. Too much money on the table not to take some off.

I don't follow SYQT but I will take a look later.
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