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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 (257)	1/28/1999 11:23:00 PM
From: Mark[ox5]	Respond to of 779

Ok for tommorow... PRFM--hold, no matter what crazy MM games are played tommorow... will gap up Monday on offical web site news...will act independent of market. If you want in... let it gap up and try to buy on the typical 10:00-11:00 dip or the 3:00 dip. I would recommend the 10:00 vs 3:00 because the float is only 1.9M and if daytraders jump in it tommorow morn.. could be a $20 stock quickly... NAVR - expect IPO official announcement before 2/9... will jump on news ... the stock solidified today...support in upper $14 area. If BRCM falls to mid $130s (5 day support), jump in BRCM Feb 130 CALLs to play 2/17 split... yes the market may go down in next week, but sometime before 2/17 this will be a $160+ stock... and your calls will be +50% at least. Might consider buying PUTs on XOOM & TGLO (if they have options..havent checked yet)... any stock that is way off its 5 day moving average will correct back down to it at some point soon. Be careful with internet longs tommorow .. going into weekend. Will probably be a wild first hour tommorow... Internets WILL correct... some short term 20%++ drops to be seen, and maybe another week of basing or so... might not happen tommorow, but just like 2.5 weeks ago.. it will happen. Don't get over exubarant and if your trading, take some profits... you can always buy these guys back around their 5 day averages even on the strongest stocks. P.S. AMZN finished badly, didnt follow the rest... not a positive.. Market direction as a whole... who knows... no solid day by day direction right now. Good luck-- will update spreadsheets this weekend. Mark