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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (15204)	6/6/1999 5:06:00 PM
From: American Spirit	Read Replies (1) of 43080

I wouldn't dump anything right now that's been hammered. Chances are we'll see a nice recovery rally this week and beyond. Maybe even a nice summer rally. - The ATHM dump shellshocked me at the end of an otherwise great day on Friday. The other ISP's zoomed up though so I lost nothing. Needed the weekend to recover from the "madness". It all starts maming sense now. - E-Commerce, retailers, all have a chance to recover now. BKS may be one of many bargains out there now. BKS just needs a little time to put its IPO disappointment behind it, and perhaps to let BNBN lead the way back. E-commerce stocks did not share in Friday's rally but if ISP's zoom back with other nets they will start looking very undervalued and may follow. - Right now I consider e-commerce stocks to be amongst the best specualtive buys, however the sector needs good news and a more positive perception from the market. When and how this happens I don't know but it could happen quickly. If so, BNBN will zoom, and BKS with it. I'd hold these right now. Very little downside and a lot of upside once the sector recovers. BNBN's deal with Mindspring bodes well for things to come.

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