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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Cyrus Mashhoodi who wrote (15849)5/8/1998 9:53:00 PM
From: dppl  Read Replies (1) | Respond to of 68279
 
Cyrus, the Net stocks have a credible story if also incredible valuations, but I'd look for incredible valuations and incredible stories. You know the kind. Mighty SYSF (now at 3 or less); remember ZITL at 70... and of course old VVUS and its inimitable pimp, Wole Fayemi (anything he backs is worth shorting), etc etc. So those are the ones to bop. Otherwise, you have to stay long - buy after any 3-5 down day period in a rank and file bull stock, and cash in after 2 or so.

Good luck.

Thomas