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Technology Stocks : Gateway (GTW) -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (6611)9/2/1998 5:36:00 PM
From: Kory  Read Replies (1) | Respond to of 8002
 
SB - I like that the fact that you are not blessed with divine insight into daily market movements. There is hope for you yet. :-)

For those of you who still believe in day trading, I would like to give my foolproof forecast for where GTW is going tomorrow.

1) Clinton signs first electronic treaty or something in Ireland

biz.yahoo.com

Outstanding, unbelievably good news worth $5 per share to GTW

2) DOW down late today - bodes poorly - GTW takes hit of $3 per share tomorrow.

3) Russian crisis already fading into memory after a whole week in the news. GTW boost of $2 per share.

4) Hurricane Earl (love that name), strikes Plano, TX and wipes out Frito Lay plants. Chip lovers everywhere lament and turn from watching TV and eating chips, to using fingers to type on computer. GTW up another $5.

5) Ted Waitt sited talking to Clinton. Bad move. Down $8.

6) Getting close to the weekend, traders nervous. Down $2.

7) People too busy watching Mark McGuire stats to worry about selling stock. Market neutral as volume drys up and no one cares.

8) Rich people tired of watching poor Internet traders get too "uppity". Pull all their money and collapse market. GTW down $25.

So, in summary, I am forecasting a $26 drop in Gateway for tomorrow. Sell your puts at the opening and you should be just fine.

Kory