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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (58)	1/24/1999 3:07:00 AM
From: Mark[ox5]	Respond to of 779

Hey SK, I didnt post my trades for Friday yet, but the AMZN I bought Thursday at the close at $107, plus the shares I bought on the gap down Friday AM at $100 (AMZN was sitting near its 50 day moving average) were all sold at lunchtime Friday at $120-$121. DCLK which I bought at 97 Thursday I sold for lunch money at 99 at lunchtime. I sold RNWK Thursday for a decent loss as well. Right now YHOO & AMZN have traded up from their 50 day to right under their 20 day moving averages so Monday is very important for them. If they gap up then we are in good shape, to get above the 20 day is important. In a more healthy market i would of kept my AMZN, but I am being very cautious and making 15% in 1 day is never a bad thing. So I sold and maybe forsake a bigger gain Monday. But like I said, I dont trust this market. I do have YHOO Feb 270 CALL options to play the split Feb 8th, and I bought BCST at the end of the day..it splits Feb 12th and has a tiny float and lost 60% of its value in 10 days (LOL) So basically at this point in the internets I just have ABOV (which never had a big run at this point so it wont crash), BCST, and option plays on YHOO & CMGI. I think I will add NAVR though early this week. Should be an interesting week. Ok Im going to bed.. tired. :) Mark