>>>no matter at what price'... all in all a good short candidate, i'd say.<<<
Yes, I'd like to thank Jack also, his analysis was a confirming indicator. A customer came in yesterday morning and I started talking to him about the market. He had just had his broker buy priceline.com because he saw Captain Kirk -g- advertise it on TV. It ipo'ed on Friday, of course the obligatory 400% opening -g-
I'd say we've come a long way since the internets version of Jobs and Wozniak (also a couple of yahoo's -g-) in a garage.
Now the street is using Madison Avenue is in full force, national media to distribute to the suckers, all jealous of their friend who made a killing in internet stocks.
Dow 8000, got a small write-up on the newspaper front page, as did 9,000, however 10,000 was full page in all it's glory, trumping even Kosovo in many Daily's.
When it hit's the front page this big the trend is near an end.
btw, i turned in my phaser today :-( -g-
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