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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (2373)	11/30/1998 10:57:00 AM
From: Les H	Respond to of 3339

The OnSale (ONSL) thread is interesting in these days of I-Bubble. Someone had a stop loss entered at 90. The stock traded as high as 108 this morning. So, his stop loss was for about 20% of 'equity' (assuming no margin). His stop loss for 90 was executed at 50. The stock is down 35 from its prior close of 98. BYW, the new Philly internet stock index is up 200% from October 8 low to Friday. It fell 50% from June highs to September/October. That's for a 'diversified' group of 20 tulips.