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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (10609)	11/25/1998 8:22:00 PM
From: Bo Didley	Respond to of 29382

To: LTK007 who wrote (10609)	11/27/1998 12:48:00 AM
From: Street Walker	Read Replies (1) \| Respond to of 29382

Max, my scenario on BAMM/briefing.com iqc.com First run was from the open to about $8. This was mostly done by one set of daytraders I know about. They took their profits when they noted some weakness. Then briefing.com mentioned it. Briefing can sometimes be the Kiss of Death to a stock because it brings attention to a stock that made a run and shorters enter. That is probably why it started to fall. Daytraders selling because of the Kiss of Death scenario and shorters entering in. So it made a little retracement and those daytraders who had learned about it from Briefing waited for the retracement then bought in. Causing a volume spike and short covering in an instant. This is what drove it up to 16, imo. (Along with a CNBC mention). Even with all the hindsight, I think as an investor, you were smart to sell when you did. Who is to say that it couldn't have just dropped down to $5? You locked in a profit, and an excellent one at that. Go celebrate!! Regards, S.W.