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

To: LTK007 who wrote (10784)	11/29/1998 9:07:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

On the issue that you raised, my understanding of market logistics is that the stronger stocks within a sector must provide the support for the weaker stocks within that sector. Max, I don't think that terciery Internet stocks are worth looking at if the primary Internets aren't holding up. Regarding CALP - This is a company changing gears from sports equipment to Internet play, and they do have a web site. I posted it this morning and I have to agree with Ditchdigger...you're going to have to read more carefully Max. CALP is not a screaming buy. The TA says it should go 1.90 short term and may go higher from there if it breaks through. If it does break through it will be on the success of their new search engine scheduled for release in January....yes it's a long term play <g> and I posted my concerns about their strategy also. It wasn't too bad a pick up at 1 5/16, but it's not a rabbit and may be a clunker. Anyway Max, some of the stocks mentioned over the weekend are solid plays whether or not they're associated with the Internet. ECHO and ELBO are two examples. Good luck. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx My computer is busted. I'm writing this on a friendly computer, but it's not mine. I'll be checking in periodically until I can get my machine operating. Play nice and make some bucks Amigos. Amigo Sergio