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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 665.67-0.9%4:00 PM EST
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To: Clint E. who wrote (19040)12/23/1998 4:25:00 PM
From: space cadet  Read Replies (2) of 68065
 
Clint, please don't rub it in. I've had an awful fall where I gave back much of my huge summer gains. It's only lately that I'm back on the winning track again. I learned my lesson- I'm shying away from shorting/putting things in the future. It's too difficult unless we are in one of our periodic correction stages. That's probably the only time I will do so again. I should have bought msft in the low 100's but I missed it. Then I was too cheap to jump on board in the low teens when it was very clear that msft was beginning to take off, just as it was clear dell was taking off last week. I really thought dell would have more trouble than it did overcoming 74. Let's see if there is a pullback to that tomorrow. As for your last question, I don't have endless moolah so I have to be selective in what I buy. Of the three you have mentioned, none are cheap. I'm looking to grab some emc calls, maybe tomorrow. I missed msft last month and I don't know how much further it will run here. I would think 150, not much really from here. Intc looks good for 20 points easy. But I'm saving some money for the internuts. Lots of people are doubling their portfolios in one day playing them. I still see a huge amount of upside for them. No sign of a pullback yet. And in January there will be lots of new internut issues to stoke the market further.
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