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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (1091)1/25/1999 1:46:00 AM
From: ruscoop  Read Replies (1) | Respond to of 28311
 
I just graphed YHOO price trends from March 16, 1998 to today. Then I calculated the maximum return obtainable by: 1) buying at the lowest price and holding to the maximum price, and 2) buying at the "lowest lows" and selling at the "highest highs"; there were 7 cycles in the smoothed-out curve I analyzed.

Results for $1,000 initial investment: long yield - $10,000; shorts yield - $53,000. Does this sound right to you? I was quite impressed with the symmetry of the parabolic crests and troughs of the curve; looks like one would stand a better chance of hitting the shorts than hitting the maximum long. I haven't found any other stock that fits this pattern as well to date. I may have just reformed myself.




To: Sir Auric Goldfinger who wrote (1091)1/25/1999 1:56:00 AM
From: neverenough  Respond to of 28311
 
60 points, give me a break. The worst we're looking at here is the 50 DMA which is about 70.

If your short, you and everyone else will cover at this level, and that alone will send GNET to 100+.

Lets not forget that GNET could be acquired, if that happens I'm looking for 200+ instantly.

Bottom line the internets are a traders paradise!



To: Sir Auric Goldfinger who wrote (1091)1/25/1999 2:59:00 AM
From: B. A. Marlow  Respond to of 28311
 
Don't short the Nets, Auric. 'Dumb and dumber.'

I can read a chart, but I say "long."

So go right ahead. "Make my day!"

Better be quick...

BAM