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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (10380)	7/28/1999 2:44:00 AM
From: Crystal ball	Read Replies (2) \| Respond to of 28311

After Greenspammer talks all will bounce and Pop, just look at NVDC this past week prep for the talk, my guess $14 to $19; GNET getting greenspammed bad, will now bounce back, so will most of the others, like AOL, etc., all will rocket once he is done talking, not matter WHAT HE SAYS...that is what the higher proportion of day traders have learned, i.e. "Buy on the rumor and sell on the news" only they have taken the rumors and prelude to be "THE NEWS" which is the only logical explanation to the higher than expected earnings reports "beat the street" "NEWS" that has been happening, and these daytraders are selling off anyway, despite what "THE NEWS" was or is. Seeing the high proportion of these day traders, that then automatically cause the institutional sell programs to kick in, auto pilot style, all I can say is forget "THE NEWS" and follow the other important rule: "THE TREND IS YOUR FRIEND". Even when its the newbie daytraders that caused this "incorrect' trend. Its "THE TREND." That is why it will all rise after he is done talking, even if he kills off our bull market with higher interest rates. That is my prediction. so be it. I am, Truly yours, -Crystal ball Another key is none of these stocks have tanked below their 20 day lows. For you Joe Chas fans, NVDC and the money all the major financials are throwing at it, may be part of the secret of its recent runs and success, that and the last Wells Fargo press release tends to indicate there is an IPO or spinoff in the works very soon.