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To: robert duke who wrote (10272)4/11/1999 10:55:00 PM
From: Technician  Read Replies (2) | Respond to of 41369
 
My experience has been that the market usually
shows it's true face around 2 PM EST, at this point
the stocks settle down, this is also right
after lunch. I have seen on up days this is
when the stock is already too expensive and
on down days, it is better if you didn't buy
it yet. I think AOL will slide down and be
around 150 at this point if not lower.

ONE SHOULD NEVER DO ANYTHING AT THE OPEN
SOME EXCEPTIONS BUT 98% OF TIME DON'T



To: robert duke who wrote (10272)4/11/1999 11:32:00 PM
From: Ex-INTCfan  Read Replies (3) | Respond to of 41369
 
re "Should I buy at the open or wait about 2 hours or so." Not at the open. Like your shopping list, though. Why not a good till canceled order (before the open) for CMGI at 170 and MSFT somewhere in the high 80s? You might get lucky and catch an intraday low on Monday or Tuesday. I doubt that CMGI will drop that much that quickly, but if it does you will have stolen it, and that's fun. If you set the price, you don't have to worry about the time. Just like buying a car -- if you have to have it today, you probably will pay too much for it -- but if you set your price and shop around until someone matches it, you'll get a deal (or walk).

It doesn't much matter what price you pay for MSFT or CSCO, though -- nice that you may be able to get them on sale tomorrow. You have the right idea -- most people will just run. Bravo!