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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (11221)	7/8/1998 8:57:00 PM
From: larry	Read Replies (1) \| Respond to of 18691

TD, YHOO! is up 13 1/4 after hours, AMZN up 5 7/8. I expect that YHOO! will at one point trade over 210, maybe a 220 close. larry!

To: put2rich who wrote (11221)	7/9/1998 9:09:00 AM
From: Kip518	Read Replies (1) \| Respond to of 18691

While the YHOO mania will surely cause a gap up this morning on most of the internuts (but not as big as Monday's & short of Monday's highs) this looks like a sell on the news story. These stocks were mortally wounded the last couple of days. New money is not going to come gushing in at these levels. Rather, look for heavy up and down daytrading & volatility (YHOO, XCIT, & AMZN have been trading between 100% & 130% of their floats the past 2 days). This game is too exciting to end quickly, but without new money the internuts will be in a sideways to down trend. Once the moves from highs become more substantial, the lesser nuts will begin to quickly fall away.