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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Burjis S. who wrote (21521)	1/8/1999 3:48:00 PM
From: Jenna	Read Replies (4) \| Respond to of 120523

Check the newsletter on the internets..I'll be taking it off the password protected site this evening. Go back to the day 2 weeks ago when it first came out.. unbelievable. I won't say I thought it would go up that much.. I expected a runup before the 13th but not by this much, but the trend is the king. I have a new theory about the internets that I developed 'on the fly'.. don't sell the first tier internets (YHOO, CMGI, MSPG, ELNK, VRSN, VRIO, NSOL, GCTY, GNET) in the middle of a strong momentum because you miss out on the gap ups the next morning. Then you have to start chasing them and you end up buying high and selling low. I'd rather risk losing 10 points on CMGI on a down day than risk losing 30 points on an up day. This does not hold however, for me at least, for stocks like IBIC, MALL, EBAY.. only because I'm not 'comfortable' with them yet and their price patterns havent been established on a long enough time period to risk too much capital. held on as long as possible but now out: CMGI, MSPG, ELNK, YHOO (option calls) out VRIO, HDIE, GNET, GCTY.. still holding 100 GNET and GCTY.. out BYND.. holding SEG, MXTR and WDC, GNSSF (my choice for 1999)..