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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (16910)	1/12/1999 2:23:00 AM
From: mchip	Read Replies (1) \| Respond to of 18691

<<Agree at this stage just like a gambler>> Oh yes… I agree... it's too tempting not to go for a 50+ point gain. The Internets are not trading on any past valuation model. It's psychology now. Reasons… - accessibility to trading stocks through online brokers - growth in the market in the past years - the early/current adopters of online trading are focused upon tech/internet - Internet stocks have a low float in general - Nasdaq MM limit of 100 VS 1000 shares for accountability - “Buy on the dips”  read as “this market does not go down” - past performance of Internets - future potential of Internets