Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Smith who wrote (616)	2/24/1999 6:32:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 779

LOL Steve.... Just got home and read your posts all in a row... I know there was time elapsed but you should read them all back to back and its sort of funny :) "Now is the time to buy PCNTF" "I got out of PCNTF" "Market held up, think I will get back in PCNTF" GRIN! Well BCST held up well, ATHM held up well.. all internets are holding supports... I just think we have to get used to a sideways market for now... as opposed to the holy time we had in early January Mark

To: Steve Smith who wrote (616)	2/24/1999 6:40:00 PM
From: Mark[ox5]	Respond to of 779

GBLX (Global Crossing) and QWST (Qwest Communication) are my 2 favorites now in the fiber laying area... they seem to be the leaders (at least QWST is) and showing by today's action they held up well. GBLX trades thin and yesterday dropped 4 or 5 .. and then gained it all back today... have some for longer term, but will watch how it trades... it trades a lot more like a stock with a thin float than a 17 or 19M float. Also GBLX splits in early March! Plus will announce completion of the Atlantic portion of their line soon... I didnt watch the market too much today, but tommorow ... hmm.. well as I said a few days ago.. lets see if this is a 3 day bounce from oversold conditions or a real rally. Still undecided. Whenever DOW hits 9500 area the past 2 months we have had trouble... so this was not unexpected. I just dont like to see the continued weakness in SUNW, EMC, LU etc... they used to drop a point at most on days like these, now they drop 3-5 pts. I assume we closed at the low for the day... because around lunch it was a decent day! Maybe 2 or 3 days down and 2 or 3 days up will be a pattern for a while. There is no catalyst to make us move big time down or up right now... so sideways we go. Good for trading... unless we drop out the bottom! WOOSH Took some BCST profits today Still long AOL, ATHM, BCST (half), CNET, CNET April options, GBLX, ZD March options Mark