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

To: virgil vancleave who wrote (937)	8/21/1998 3:30:00 PM
From: TLindt	Respond to of 2439

>>>As for me i will keep selling until this market turns. kinda like putting your finger on the end of a flame thrower, and saying go ahead pull the trigger...74 7/16 RT...go figure. They must really like those numbers.

To: virgil vancleave who wrote (937)	8/21/1998 3:31:00 PM
From: im a survivor	Read Replies (1) \| Respond to of 2439

I hate to jinx anything, but yes, I saw Lycos down earlier also, but it looks like it is currently back up an 1/8 or so with an hour left in trading.....hope you shorts made your money early and ran....Lycos is gonna be a big winner, but you are absolutely right - if you can't handle the roller coaster up and down, get out now. With Clinton and Monica, WWIII on the horizon and etc, things are gonna be tough for awhile....but Lycos willhold strong in the long run, and may surprise in the short term as well...they seem to be holding up rather well today....good luck to all the longs, and goodbye to all you shorts

To: virgil vancleave who wrote (937)	8/21/1998 10:21:00 PM
From: NucTrader	Respond to of 2439

Virgil, I thought about shorting Lycos earlier this week when it was in the high 60's. Someone on the Invest/LTD thread, remember, had shorted it @ 68 3/8 and I was envious, but decided to watch. This stock spent an incredible amount of time in the high 60's between 67-70, got over the hump once [into the 80's briefly], then dropped into the 50's till it climbed back up. 70 or so represented resistance, based on prior behavior [no EMAs or anything like that]. Subsequently it convincingly penetrated 70 and, I noticed today, held at 71. I figured maybe this area had now become support and bought around 12:20 today @ 71 5/16. Time will tell. Good Luck!