To all: I believe the shorts will cover ahead of Tuesday's open. Tuesday, of course is the beginning of the new trading month and if memory holds, the last two June returns from the Memorial Day weekend have been FANTASTIC!! Money continues to pour into this market and the momentum money has NO WHERE else to go but into the internets. Heck, INTC, DELL, CPQ, EMC and the rest of the stodgy high techs are going nowhere fast!! What are these mutual fund clowns going to do, put their billions in these vehicles or the cyclicals. Heck NO!! They will go back to the same great internet names that have made them MILLIONS during the past 18 months. Sure, there will be additional net IPOS coming to market during the next few months but most are garbage. Stick with the winners like DCLK, AOL, RNWK, INKT, XCIT, ATHM, LCOS, etc and you can't go wrong. The mutual fund FOOLS will begin to accumulate these names as we proceed into JUNE and then into July earnings. GOOD LUCK folks and for the love of Jehovah, DON'T LET EM SCARE YA OUT!! Buy DCLK, and GO HOME HAPPY!!! |