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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: arnold silver who wrote (24890)	5/6/2001 11:12:45 AM
From: Ken W	Respond to of 29382

Arnie CMGI's move last week was largely market related as well as the sucessful IPO. PCLN earnings, TRLY and AMZN holding to their guns is saying that the net does and is going to have some surviving companies. Shorts have been covering for some time now which has helped feed the view that the worst is over for most tech and i nut stocks. Being a short term trader, I would cash out and move on, as there is just too much profit on the stock to not attract the shorts. BTW, if you think you will see 107 again...I don't think so! This has been a whole new experience for a lot of people and they now understand what a bubble is!!! LOL Ken

To: arnold silver who wrote (24890)	5/6/2001 11:12:45 AM
From: Ken W	Respond to of 29382

Arnie CMGI's move last week was largely market related as well as the sucessful IPO. PCLN earnings, TRLY and AMZN holding to their guns is saying that the net does and is going to have some surviving companies. Shorts have been covering for some time now which has helped feed the view that the worst is over for most tech and i nut stocks. Being a short term trader, I would cash out and move on, as there is just too much profit on the stock to not attract the shorts. BTW, if you think you will see 107 again...I don't think so! This has been a whole new experience for a lot of people and they now understand what a bubble is!!! LOL Ken