CyberShop International, Inc. (CYSP) Message Board

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Technology Stocks : CyberShop International, Inc. (CYSP)

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To: Oh Yeah? who wrote (747)	3/14/1999 1:04:00 PM
From: TATRADER	Read Replies (1) of 884

TRIX is a momentum indicator that displays the percent rate of change of a triple exponentially smoothed moving average of the security's closing price.. I must say to short an internet stock on day 1, when it is just breaking from a long-term basing formation takes guts...Especially when it closes near its high on huge volume..I would much rather wait to see how it looks during the first hour after gap on day 2 before I would entertain the short side... I think Doug's figure on the gap up is a bit high from the 56 point chart... Mark, "I get a possible open on CYSP of 18 1/2 to 18 7/8. It's definitely going to make a run at a new high". Good luck longs and shorts...You will both have an opportunity to make money on this one Monday...

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