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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (2655)1/17/1999 2:24:00 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
To All:

Have had several PM's from lurkers on the thread wondering whether I would make a list of internet stocks I like, as I had done before (most of those did quite well, but without me in them unfortunately!).

I'll oblige, but with the warning that I do not follow any of these very closely.

ONSL: see previous post. Gaining name recognition, good product. Earnings out this week. Anything better than Chapter 11 should propel the stock.

MALL: see previous post

PQT: looks to me like it is getting ready to pop again.

CNKT: made a small mint off this one several days ago (traded it from 3.25 to 9 in 2 days, though stumbled a couple of times along the way). Bull flag in formation. A price of $6 is a go (60% retracement rule). Link to IBM e-commerce.

AHWY: have a big chunk in this one. An IPO that is getting lots of press. Higher lows at each correction. I am averaged in at 14.25 and expect at least 19 this next week. Will bail out if it gows much below 12.

EGGS: chart is not ripe for a swing trade, but it is trending up generally, and earnings are out this week.

As for the big boys (AMZN, AOL, YHOO), best to wait for further correction or splits. I like AOL the best of those.

These are the only i-plays I know much about. Feel free to post those you are following.

All the best, TC.