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Strategies & Market Trends : LastShadow's Position Trading

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To: howto who wrote (4995)12/27/1998 4:02:00 PM
From: LastShadow  Read Replies (1) of 43080
 
NTKI/CDNW

It looks like a good deal to me, and NTKI looks to be well priced, although CDNW should move in concert with it. The net is still oong on both and although the daily tech analysis is swinging right now, the minor pattern forming looks to precede another possible jump. I am long on NTKI, though, so I could be biased.

Monday should be an interesting day, as lots of traders will be back after the holiday and the end of year stuff should shart happening. That 'stuff' includes funds starting to clean house and add to postential growth stocks (look for large buys on down trodden stocks), shorts being squeezed, further declines of the real dogs, and some additional volatility for daytraded internets.

lastshadow
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