Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : e-Commerce Stocks - The Undiscovered GOLD -- Ignore unavailable to you. Want to Upgrade?

To: squirt82 who wrote (62)	7/18/2000 6:18:46 PM
From: HerbVic	Read Replies (1) \| Respond to of 105

Go ahead and ask. That's what questions are for. If you just read the thread header, (that's the first post of the thread) you'll get an idea of how I put this thread together. Lizzie is right. We're going through a sell-on-the-news pull back. Expect to see the top performers give back a little. Your best tool to establish your own pick list is SI's charting system and news listings. You'll get a clear view of the most favored companies by charting their performance during last week's rally, and the news lists will tell you why they are investor favorites. Don't let the pull back fool you. The same companies are still in favor. The buying pressure ran out and selling pressure kicked in due to the "time/value of money" factor in investing. AKA profit taking when stocks get ahead of investors expectations. ARBA was the signal that profit taking was about to begin. The company had near perfect execution, but after reporting, instead of continuing the climb as many analysts expected, it began selling. Most investors believed they would be able to get the stock at a cheaper price at a later time, so they lightened their positions while the profits were rich. Another factor that will affect the action in these [high relative certainty] stocks is the fact that so many high flyers were dumped early in the tax year. There are quite a few investors and mutual funds carrying net tax losses. This makes them more willing to cash in on short term gains. The profits are tax free, at least until they get their head back above water for the year. Check out post number 25 and 30 on this thread to find a portfolio of the valuation surge team. The list doesn't include all the winner stocks, but it will show you some companies worth landing on for the long haul. Hope this helps, HerbVic