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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Paul Merriwether who wrote (5071)3/15/2000 3:38:00 PM
From: RocketMan  Read Replies (1) | Respond to of 8096
 
Good entry point, even if it dips down some more. There is just too much potential in GMST for the market to ignore. At least the drop is on low volume. I've commented before that GMST has vicious MMs. They do whatever they want with the stock, leave it alone on large buys, bring it way down on small sells, change its level on a whim. Only stock I have seen it that bad on is a penny stock. I think the MMs must be the brother in laws of the institutional holders :-)



To: Paul Merriwether who wrote (5071)3/15/2000 4:24:00 PM
From: Teflon  Respond to of 8096
 
Paul, I don't think the move will hurt you. I own enough <ggg> GMST that I held off. Today I finally did make some moves, however, buying ITWO at the 152 Mark and ORCL at 78.

I've been looking to jump on ORCL for a while now, and today was a gift over the long term, IMHO.

I'm still bullish on MSFT, QCOM and GMST as their trading patterns <to me> seem strong. I know several people who were actively buying as much GMST as they could afford today.

Tomorrow, if the carnage continues, I'm looking to get EPNY at some good prices as well as some of the other CRM players...SEBL looks good after today as well.

I already own ELON so there was no need to move on that again today.

Teflon