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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: paul e thomas who wrote (11743)5/26/1998 8:28:00 PM
From: paul e thomas  Read Replies (3) of 13949
 
HUNKERING DOWN

In concert with my belief that short term Y2K prospects are meagre I sold 4000 shares of TPRO leaving me with only 2000. I also sold my ACLY just recently purchased at a loss. I sold nearly 100 IMRS June and August 25 calls but bought back 50 November 25 calls. I believe the market will not recover for another 2 weeks.The market internal indicators show there are very few stocks now well above their 40 or 200 day moving averages and a rapidly increasing number now at least 1 standard deviation below the averages.Fortunately for me IMRS continues to be building a bas. Today was the best volume up day in over a month
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