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Non-Tech : Invest / LTD
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To: bw who wrote (1599)8/6/1998 4:46:00 PM
From: Thean  Read Replies (3) of 14427
 
bw, fill me in with how you can get on the Geocities IPO by having your account with E-trade. Is your advantage being there knocking on their door offering no charge to real estate service? <GG>

Tell you something, this market can really throw people upside down - which speaks again why people need discipline and take on the capital preservation approach. I got stopped out of ICOS at 21 7/8 and INHL at 27. Guess where they closed? 22 5/8 and 29 respectively. Guess what next? I am going to anticipate INHL stall again at 30 and will short it there again if it gets there.

Which DD do I think will have the best leg up? I would pick QNTM and SEG first if the tightening is true. However, if there is no further confirmation of the report in the next day or two, traders will sell them off immediately. So be ready to be like the mo-mo if you want to play the DD.

I am actually very pleased with the action today. That evil tower is still broken and couldn't get up (my only short now). FILE is interesting here for a short as well. I expect FGII to gap up tomorrow. Definitely will not buy it at the open. If it does not make a lower low tomorrow, I will be tempted to get in.

MU - I have given up on even trying to predict this. Basically it now behaves like the internut and I have no advantage whatsover in my system. Therefore, MU will be a bad experience for me. Enough learned.
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