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Strategies & Market Trends : Gorilla Game Investing in the eWorld -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (1469)3/8/2000 8:22:00 PM
From: Sir Francis Drake  Read Replies (2) | Respond to of 1817
 
a level like 10 here is very critical. The fact that it closed "on the nose" is quite telling. Record volume. Now it can truly go either to profit-taking (because there are enough folks who now have a substantial profit here, and the profit is VERY RECENT - the move happened over literally a few trading days), or it could attract more mo-mo crowds, in which case it will head higher. A classic inflection point. Whereas the move from 5 to 10 was more or less straight-line predictable (and why I played it<g>), what happens now is going to be a matter for the stockspirits to decide - the crystal ball has been thrown up in the air and we await to see where it lands, LOL!

Morgan



To: Teflon who wrote (1469)3/8/2000 10:51:00 PM
From: J Krnjeu  Read Replies (1) | Respond to of 1817
 
Mr. Teflon/Mr. Morgan,

What do you think about the rumors of some rather large orders?

I was thinking about buying a little more but worried about a gap up first thing tomorrow. If I should wait for a pull back how low should I wait for?

Thank You

JK


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