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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: Mark[ox5] who wrote (126)	1/25/1999 10:17:00 PM
From: Steve Smith	Read Replies (1) \| Respond to of 779

Hey Mark, Thanks. OPEN had alot of volume today. I definitely think something big is happening. Nice on YHOO. I hate buying calls with big spreads. The internet options are notorious for big spreads. I think AMZN will close up positive tomorrow. Watch for a reversal tomorrow. Should be good for at least 5 pts. steve

To: Mark[ox5] who wrote (126)	1/25/1999 10:31:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 779

Hmm should of kept an eye on EBAY.. as much as I think its a joke, it is profitable and does report tommorow. Oh well, can't get them all. Another good strategy I have found is buying good companies after they get downgraded by 1 analyst. Usually a downgrade by a sole analyst means "We want some of these shares for our client so we are going to push out this downgrade so the price tanks enough so we can get our clients in" This is usually followed by an upgrade within a month (LOL) If you can catch a downgrade midday, its usually a good buy which you can sell on a bounce the next day for easy 5-10%. Mark