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Technology Stocks : E*TRADE IPO ALERT THREAD

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To: Bald Man from Mars who wrote (3241)5/25/1999 6:40:00 PM
From: Marshall001  Read Replies (1) of 15145
 
I understand. Just giving my 2 cents. My only advice would be to use a stoploss. I got stopped out of NETP today at 20. I should have sold at 27 last week but still made $6.00 a share and did not have to flip. In this type of bloodbath, best to be in cash and buy the bodies when its all over. I have been waiting patiently for this to happen for 2 months. Only wish I had the time to daytrade with short positions. I want to be able to monitor those in case of a turnaround to the upside. My only long position right now is FNM. A range bound stock that has nothing to do with technolgy. Range is 66 to 73. In at 67. Relatively safe PE of 20.

M
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