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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Prince who wrote (3331)11/28/1998 3:18:00 PM
From: LastShadow  Read Replies (3) | Respond to of 43080
 
Watch List 11/30

SYMBOL CLOSE CHANGE CHANGE% VOL VS AVG (15)

CDNW 26.938 9.938 58.46% 251.68%
ONSL 97.625 37.625 62.71% 204.72%
SFA 18.875 2.125 12.69% 196.88%
NTKI 20.063 6.688 50.00% 192.71%
ZOOM 7.5 1.5 25.00% 183.43%
SYBS 7.438 0.813 12.27% 139.21%
FONR 2 0.125 6.67% 134.38%
PQT 1.938 0.313 19.26% 128.99%
SPLN 20 0.687 3.56% 117.10%
MALL 56.375 8.875 18.68% 116.68%
DRIV 30.125 8.375 38.51% 115.22%
CUBE 27.563 1.5 5.76% 105.79%
NETA 51 2 4.08% 102.71%
NETG 25.875 3.687 16.62% 85.94%
DIS 31.938 1 3.23% 75.67%
AKLM 10.25 0.375 3.80% 70.03%
QNTM 22.938 0.938 4.26% 67.70%
DIMD 6.969 0.281 4.20% 65.00%
SCH 59 2.75 4.89% 57.78%
CMGI 88.75 5.75 6.93% 52.18%
EGRP 29.188 1.563 5.66% 48.20%
MSFT 128.063 3.813 3.07% 45.79%
IBM 170 3.25 1.95% 38.76%
UCMP 3.375 0.125 3.85% 32.61%

The volume versus average number is significant as the
day after Thanksgiving is usually very light and volatile.
that high a volume change and the evident accumulation means the bar
has been raised for any selloff threshold.

I expect some profit taking for the recent high flyers
but I am not sure if it will be Monday or not. ONSL and CDNW
should continue up during the morning rush, as will DRIV and MALL
but I don't see any difference between these climbs and the ones
for YHOO, AMZN, EBAY etc. We'll see.

lastshadow