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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (13491)	8/16/1999 12:00:00 PM
From: Boddington	Read Replies (2) \| Respond to of 52051

Yeah, sold on Friday's news! No complaints though - flipped it into ZICA :~) Moving all things extra into TOPP by end of week max. Also notice that MVSN is back into high $80s.

To: Stock Watcher who wrote (13491)	8/16/1999 12:57:00 PM
From: Trade4$	Read Replies (2) \| Respond to of 52051

Hope this isn't too lengthy: I like to trade the Internet Initial Public Offerings (IIPO). If the NASDAQ and Internet Index's are going up, I buy them a week or two after the 1st day offered when they appear to be gaining strength. If the indexes are going down, a good approach is to short an IIPO (especially if it shot up with the previous index uptrend) right after the end of the 25 day quiet period. Since IIPO's do not have enough chart history to apply meaningful technicals, I use the 2 aforementioned indexes to analyze technicals and predict what the IIPO's will do. I like to choose IIPO's that tend to exactly mirror the indexes direction but with great amplification. Most recent example for me was HOOV. Bought at 9.75 when I predicted a bottom for the NASDAQ. I missed the mark and the index dropped a little more before bouncing back up. I sold it at 14 (about a week later)[today] because the quiet period just ended and it did not continue uptrend with very convincing action and because I wanted the "security" of a different IIPO that was still approaching the end of its quiet period. So I just bought DIGX at 23.5 and will hold as long as the indexes keep uptrending. I like the B2B aspect of DIGX too. I believe that if HOOV breaks through 14.5 it will continue up (and I hope it does for those that own it) but I also believe there is less risk by moving on to another IIPO a week or so before end of it's quiet period. In case you did not know, SEC regs request that underwriters and the IIPO company itself remain quiet for 25 days to allow investors time to analyze the fillings etc. In exchange for this "negative", the general public cannot short the IIPO till end of quiet period. This helps give the IIPO a little less risk for those of us that like the game. However, when the quiet period ends, shorters may attack so I usually bail out and move on. Buy on anticipation and sell on the news (before shark attacks commence). I am telling you (and anyone else that reads it) this in case you like the philosophy and care to join my support postings at Silicon Investor and Raging Bull. I would really like to get a "club" going and have an influence on these IIPO's. I post as trade4$ on Silicon Investor and trade4 on Raging Bull. I am finding more action on Raging Bull lately (probably because the new SI is so difficult to use) so tend to post more there (at RB). Mike (Trade4$)