Steven, I don't like trading AOL, YHOO, EBAY, AMZN or even SEEK, due to the FEAR that the fund managers have when it comes to internet stocks. Take a look at the highs of the days of each of these, then look at the close. These are the well known internet holdings that have found their way into so many mutual funds. But then they turn and run in fear that YHOO earnings might not beat the street.
I keep AMZN and SEEK in long port, but I much prefer DCLK, TFSM, RNWK, ATHM, CNET and GNET. . .they don't follow the trend. The whole idea is to find the ones that LEAD, not follow.
Rande Is |
