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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (25166)2/13/2000 9:58:00 AM
From: dppl  Respond to of 68093
 
Harry, I shorted NSOL Friday at 315 and 325 and closed at 300. This sort of 60 point gainer (on second day). Most 2nd day "W" breakouts look pretty good but you need to use your instinct about the sector and the nature of the hype.

NSOL will be coming under intense pressure from competition during the next year. They enjoy a virtual monopoly. Their web site still is bad and we hosters are receiving several calls every week from sympathetic people who will handle all our registsration for 5% less per year - and give us a personal account rep. You can't get NSOL to return a call, let alone answer yours. The valuation is of course absurd. It's not turning around soon unless the market does.