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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Old Man who wrote (33953)	4/14/1999 11:40:00 PM
From: freelyhovering	Read Replies (1) \| Respond to of 120523

Old Man--I am glad you raised th question about stop losses on a NASDAQ stock; especially an internet stock? How do you set the stop if you are not watching every moment? Do I have to quit my day job? <gg> Myron

To: Old Man who wrote (33953)	4/14/1999 11:41:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

RMII nothing at all. I probably should have but I am going to wait until tomorrow and see what happens. I'd like to hold it for a long while since I once held it for months without any discernible price movement, neither up nor down.

To: Old Man who wrote (33953)	4/15/1999 5:13:00 AM
From: kha vu	Read Replies (1) \| Respond to of 120523

RMII...for the net stock we have to categorize and evaluate them. Jenna uses charting and historical data to select and screen net stock for the WL. RMII is falling into the category like RCNC: regional AOL, mindspring. RMII, RCNC are already established in the market and are screened and filtered to be on the watchlist. The question is how long do we have to wait for the breakout. If you check out the Jan WL, there are two candidates: PSIX and VRSN. BOTH are engaging in the same line of business BUT until today VRSN always ahead of PSIX. It took PSIX almost THREE months to breakout to the high 50 and tanking today in sympathy with VRSN. But in three months it moved slowly from mid 20 to low 50. In case of PSIX, it went thru a series of cycles of up and down: one can sell it at high 30 and got back again to ride to high 40 and low 50. As for RMII, i would look at the 1 and 2 year charts and then 3 months chart together with some recent news: biz.yahoo.com biz.yahoo.com biz.yahoo.com when this news came out: Rocky Mountain's stock closed Thursday down 5/16 at 11-3/8.(4/9/99). these are facts that can assist you to make your own decision good trading