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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: Cymeed who wrote (254)1/28/1999 10:54:00 PM
From: Mark[ox5]  Read Replies (2) | Respond to of 779
 
Great summary on CKFR, saved me from spending 4 hrs reading posts on the thread... thanks a lot.

Re CKFR to AOL.. im not saying its the next AOL :) I am just saying the dominant players in any niche (i.e. DCLK in internet advertising) are the ones to go with :)

Re: IDTC

Well i first mentioned it here when it was $12 on a mid-day post.. based on CBS marketwacth article...then the next day it ran to $14 1/2 .. lol

I didnt ever get in any, my order was rejected (not sufficient funds!)...... you have to be careful with those momentum stocks, however i believe IDTC has a potential IPO, and that is what all the excitement was about in the 1st place. Support is at $14 so dont be afraid if it falls back to that level.

And yes, you did get the exhaustion gap.. i didnt know there is a formal name to that :) I just learned through losses ... not to buy on the 3rd run up.. and the 2nd run up can be bad too if your not quick! :) Daytraders get bored rather easily....

With PFRM I expect a gap tommorow and then Monday as people read about the web site opening over the weekend, and maybe even Tuesday (and that could be the exhaustion gap)
Mark