Bosco & Crossy's stock picks,talk area Message Board

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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (2935)	11/30/1998 4:46:00 PM
From: Iris Shih	Read Replies (2) of 37387

Crossy, I sold all my nets at open. Can't believe they opened eggs up at 40. As what I told you in email I did buy some eggs, bynd, ptvl back but traded them out with some nice profits later. The frenzy of internet stocks is beyond fundamentals and TA. It's all about crowd psychology. Or eggs wouldn't retreat below 7 during Sept. Sometimes it's hard to go against the crowds. I watched eggs today that it seems to have support around low 20s. Probably it will consolidate here for some time and retest the high of today later. People still want to buy it on dip. But I don't see it will make another high during this cycle. I prefer daytrading internet stocks from now on since the easy money has been made. I am going to watch hast. Pretty strong with reasonable pe compared with other internet stocks. Iris

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