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Strategies & Market Trends : Stocks in Play -- Ignore unavailable to you. Want to Upgrade?


To: dumbmoney who wrote (34)4/23/1998 3:44:00 PM
From: bebu  Read Replies (1) | Respond to of 120
 
PNLK is red hot right and they will launch their web site on MAY 1st.



To: dumbmoney who wrote (34)4/23/1998 5:37:00 PM
From: Darren  Read Replies (1) | Respond to of 120
 
"Do you think we will see more gap-downs tomorrow? Is it common for a stock in the "dump" phase to gap down two days in a row?"

IMHO, market is going to tank tomorrow big time. It's been a good ride recently, internet stocks aside, but do you think people want to go home for the weekend with all these overpriced stocks?

Also, one stock in 5 is within 5% of it's 52 week high...how much higher can we go? Not to mention the upcoming Fed meeting where rates might actually get raised, the bull/bear ratios, etc.

I think a correction is in order for the short term so we can have something to buy for the summer rally...let's jsut hope we don't test those new market limits of 10%, 20%, 30%...