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Technology Stocks : INFOSEEK (GO)
GO 10.26+0.5%12:59 PM EST

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To: Jeff Jordan who wrote (7376)7/29/1998 1:22:00 AM
From: SkyDart  Read Replies (1) of 9343
 
RE: Timing of entry and exit for SEEK.

The best advice I can give you after following these threads closely over the past year is to study the MACD; I recall the link being e-analytics.com. [Private mail me if this is incorrect. There are other sites too.]

I have been told that it is accurate on short term moves in YHOO, AOL, AMZN 90% or more of the time. I personally have been quite satisfied in the profits [especially in puts and calls]. Recently bought Aoltb puts and made 150% as AOL moved form 126 to 114 and back to 119 last Friday.

SEEK is moving into the strong buy range and its upward momentum will be tremendous when it gets going again. The meandering downward recently is on relatively minute volume of 1 to 2 million shares and is meaningless. The next move up should see volume again rise to the 20 million share range. IMO now is the entry point.

Go SEEK!
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