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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (2906)	7/11/1998 11:03:00 AM
From: HairBall	Read Replies (1) \| Respond to of 5676

Bobby: Returned from my vacation. Maybe money in Net stocks is rotating. My TA indicators produced a buy (on a stock I was following) EGGS (Egghead.Com) on 6/23. I was reluctant to act, because I would be away from the markets for about a week. However, nice surprise upon my return. I am glad I did. Money is rotation into this stock. Check it out. With these stocks, who knows how long they will fly, be careful! Regards, LG PS: I am not saying FA supports the price action. But what the hell do I know! Looks like the groupies are in the markets to stay, guess I'll take some of their money!

To: bobby beara who wrote (2906)	7/11/1998 1:18:00 PM
From: set	Respond to of 5676

> the change in trend I was talking about was in the internets got it. you know I've been watching DCLK for months and then watched it run and never touched it. damn and double damn. on CPQ the overall picture I'm looking for is a rising wedge that began in march. we'll see in a couple days if the upper line on that wedge is going to be rising or flat. either way I expect the stock to flop in the lower half of the 30s until some time in august or at least late july. when that's finished you got one hell of an inverted H&S targetting $44 if I read it right. I will be buying aug 32.5 puts if I can get them cheap enough, and then oct 35 calls if the put trade works out right. This can go wrong. it could go north and just keep going, but I don't think so. shahar