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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (1109)	7/4/1998 2:29:00 AM
From: Bilow	Read Replies (1) \| Respond to of 2578

Hi Rarebird, long time no see; *OT* Your view of the market last year: exchange2000.com exchange2000.com seems to still be playing out. I now spend the most of the market day in front of a Nasdaq workstation. Its quite a hoot, and I am slowly learning to daytrade. A couple of weeks ago I sold CFON 2 seconds (for 1/16th profit) after buying, and did the same thing at the same prices twice more in the same minute. Daytrading is a lot different from picking stocks like you do. I no longer care much about fundamentals, except when I can find a high-flyer with a broken story that is shortable, like FPAM, PRST or c. I get excellent visiblity into the market, extremely fast execution, and I know which market makers are buying and which are selling. Getting my own fills is a lot more complicated than using Schwab. Now I know what "fast market conditions" really means. :) Mostly I play consolidation break outs, trading ranges in rectangles and triangles, and, fast breaking news plays. My appreciation of technical analysis has probably increased considerably since the last time you saw any of my posts. But I post fundamental stuff here and on the DELL thread to keep my hand in. If the market really wrecks, I'll be in there with my cash buying bargains, but I really don't think DELL is going to be a bargain any time soon. By the way, did you get out of Segate before the crash last October? Oh, and those guys on the CUBE thread mostly don't know how well you have historically called its price moves. They're just pissed cause you're making money on it right now. (Last year, we both got into CUBE close to the bottom. I made good money, but you held on for a couple weeks longer, and made more. I haven't played it since then, since they have been either kind of pricey, or other stocks have been cheaper.) I agree that the Dow hits 10K this summer. Do you think we get a big crash after that, or what? Post an answer over on the Millenium thread, no reason to crowd this one. TYIA -- Carl