To: OD Bobo who wrote (163 ) 1/27/1999 1:03:00 AM From: Mark[ox5] Respond to of 779
Congrats on your DBCC play. ZD should work out well, as should BKS (Barnes & Noble) with its spin off IPO. Only problem is NYSE stocks are a lot harder to move than NASDAQ stocks. Cliff Notes for tommorow: Fast movers/high velocity/ in play ITEC IDTC (not in either darnit) EBAY Don't follow it closely, but 3 for 1 split along with .07 vs analysts .04.. should power this low float monster up. Any gap up above $230 and it could be off to the races here. AMZN Beat expectations too (didnt announce a split though ;) ) AMZN needs to break $125 than could be off to the races YHOO Beauty of a day, support levels at $320.. expect to test it if not tommorow than Thursday. (well support will probably move up to $325-330 by Thursday) but expect some retracement back to the 5 day. Good trading until stock split. BCST Hmm...dunno. Seeing as YHOO, AMZN, EBAY (our old guard leaders) should all gap up, hopefully this will follow suit. If not, than could be troublesome. Support in lower $130s, but can you trust it... then again its more of a 2 week play with the split on 2/12. BRCM - broke above 5,10,20 day lines late in day.... 2 for 1 split 2/17 just announced with A-W-E-S-O-M-E earnings.... love this one for 1 week, 1 month, 1 year.... SUNW - Stud. enought said - be a buyer below $103. EMC - Stud. VRSN, EXDS, RNWK - all good trading stocks with upward trends CMGI - $95 resistance on top, $86 on bottom... break out of the channel please :) Sitting on these March Calls... NAVR - shoddy earnings... support 14 3/8. How hard is it to announce the damn IPO fellas. OPEN - sell tommorow, surprised at strength actually, but sell for lunch money. General market... nice recovery today <Tuesday> as predicted yesterday after 5% haircut on NASDAQ, some sort of short term bounce was predictable... probably another decent day tommorow after a lot of high tech good earnings (EMC) and splits (IBM/MSFT). Rest of market still lags, medical, banking, energy... I guess it's high tech or nothing. Mark