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Technology Stocks : Buying IPOs on the open market -- Ignore unavailable to you. Want to Upgrade?


To: phil who wrote (761)9/7/1999 2:21:00 PM
From: PartyTime  Respond to of 5529
 
LIOX now making a move! Presently up 2 15/16, showing strong mo-mo.



To: phil who wrote (761)9/7/1999 2:29:00 PM
From: Marshall001  Read Replies (1) | Respond to of 5529
 
phil,

I think it was your post that tuned me back into NTRO. Thanks..

I have been watching for the flag formation in the daily charts lately. Also intraday, I look for a tightening spread on low volume to indicate a lack of sellers. This is probably basic to most experienced traders but I am still learning.

I will post what I find out about the IPO's after I have more time. Trying to move right now. So far its pretty basic but the 5th trading session seems to be a low for about 65% of the IPO's that pop 100% or more. (no big hypers like RHAT). and anything that opens at or around the IPO price is a buy... Look at BAMB and HOTJ, MDCM, all were less than spectacular on open with BAMB running the first day, The other two took a little time.

Thanks for the NTRO heads up..

M