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


To: tom pope who wrote (5354)1/4/1999 8:30:00 PM
From: Devil's Advocate  Read Replies (1) | Respond to of 43080
 
Tom,

AMZN and YHOO will not fall that hard because they have been nuts for quite a while now. But, EGRP has risen lately and only for the second time since the last 18 months. People will be more incline to take profits and move on. AMZN and YHOO still have their believers I guess.

The problem is this: The day AMZN and YHOO falls the whole market will suffer.

I will be in pc makers like DELL and networkers like CSCO and XYLN, this year. I'm expecting institutions to get out internuts and come in networkers. My personal favorite is XYLN for its tremendous growth rate and low PE.