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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: space cadet who wrote (19041)	12/23/1998 4:55:00 PM
From: Clint E.	Respond to of 68048

Space, I got it. You are not the only one. I just spoke to a friend who I sent an email when TLAB was at 35, NT at 30, LU at 60, CSCO at 50....and told him to buy a couple of hundred shares of each and keep for long-term. He didn't but he now wants to get in! I told him to wait until the 1st. week of Jan. I spoke to a colleague who wanted to buy COMS when it was around 28 and I said No. I don't like COMS. He is not too mad because I told him to buy TLAB instead. He kept his TLAB and he is now into the nets as well. He was excited about his AOL and YHOO. The DOW could hit 9350-9400 by the end of the year. If anybody tells you we are range-bound, topping out, or any stupid excuse like that, tell him or her to get lost! They don't know what they are talking about. They cannot read the market. Excellent trade with DELL. You hit it just right. Your timing was excellent. INTC? I have the same target. Clint

To: space cadet who wrote (19041)	12/23/1998 5:40:00 PM
From: xcr600	Read Replies (1) \| Respond to of 68048

SC, I did the same thing as you. Lost my first 6mo's of profits in the last few. From the short side. Don't fight a raging bull. I was never convinced everything in the world was right, but why fight the tape? Now having played the i-nuts the last week, I'm back to where I was this summer. What a nice feeling and it only took 5 days! Is making money suppose to be this easy? Time to quit my job and trade internet stocks. not! Still holding MZON from 10, whish I bought more. Dumping ONSL. Looks like it's run out of steam. (Maybe just consolidating, but I don't feel comfortable holding these things long term unless it's AOL,YHOO, or AMZN). Clint, do you have an upside target for MSFT? I'm looking for a safer play than the nets. I see more upside in MSFT than DELL. I think the trial has held it back for quite some time. Tried shorting IMAL this AM, but missed by 1/4 point. Was down 10 from it's high for the day. x