THe overnight markets are doing very well and I expect them to heat up after I hit the sack. Currently the S&P futures are up 6.3 points but I would not be surprised to see a 20 point close.
The Inet stocks are going to rock tomorrow. I am extremely happy with the hype that is building behind EGGS. I am sitting on 3000 EGGS and liked the price action going into close on Friday. The, very well spoken, CEO of EGGS will be on CNBC Squawk box tomorrow AM. If he does as well as I think he will, I am expecting a very nice gap upon the open, perhaps 3-4 points. Conceivable, this issue could hit 20 rather quickly but I will probably not be in long enough to see it. If we get a nice gap, I will be selling into the open and looking to pick it up on the MM pullback.
Look for good moves on the other Inets as well including: ONSL, EBAY, YHOO, CDNW, NTBK etc.
Perhaps even MALL is going to go again, although it needs a breather.
Be careful of the recent new IPO's EWBX and friends, WAY over valued but they could run as well.
Good luck to all.
TJ |
