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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (3097)	6/22/1998 5:13:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

Berney; RE:" trailing stops " >Steve, what's your view on trailing stops ? I only use 'em on momentum frenzy-like tradez, Berney; eg., internet stocks or "story stocks" or something like that. I always sell too soon and close out at the end of the day, however - changing the STOP to a MKT order before the close. I'm not a very good momentum trader, though - Bob is really good at it, but I don't think he uses trailing stops but more traditional "tape reading" to exit. Tried to short CWZ @ MKT 15 min before close today, but apparently there was no uptick, as DATEK failed to execute. DIS was an excellent choice for a technical pull-back after breaking an UpTrend, Berney. If it opened up tomorrow, I'd dump it, but then I always sell too soon (^_^) TraderBerney is hot hot hot !!! -Steve

To: Berney who wrote (3097)	6/23/1998 4:49:00 AM
From: Jurgen Trautmann	Read Replies (2) \| Respond to of 11051

Mickey & co shell have huge fundamental problems... their "theme-parks", especially the new animal-park, run far below expectations. More, instead a calculated positive influence to their "magic kingdom", they have sliding visitor-numbers there too. IMO, the "magic" is disappearing. There's a hard competition, times are over, when "Universal" and "Disney" brought alone a outstanding show. Todays public has harder criteria for "illusion", and the worth of "reality" is again better understood - even in US. But mostly "reality" is just "virtual" with DIS - form Las Vegas to Bambi (Berney, hey!) - it was "toys", and "us" aren't toys anymore. It's easy during these days to buy stocks "cheap" - but in case of DIS I would recommend to consider why not going out when the next movie will be sold well on the boxes. As always, probably I'm wrong. Good luck to your friend, Berney! Jury