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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: louis deptula jr who wrote (34544)	4/17/1999 1:33:00 AM
From: SMALL FRY	Read Replies (2) \| Respond to of 120523

Louis, With net stocks... anything can happen...nothing seems ridiculous... I guess that's what makes them appealing. And crazy as it seem anymore <g>, I still consider a 27.2% intraday gain HUGE... Amazon.com even with the dizzying number only clocked in at 13.6%, GNET 10.2%, NTBK 9.1%, etc. As far as the 5+ move... it could happen and may even surpass that number, but then again it may not even get that far. CNBC guests and even the anchors fuel the extreme sentiments and if one allows himself to get caught up in it, one can easily get sidetracked... I'm saying that because some people have a tendency of "counting the chicken" too soon... -------------------------------- TIP: One thing everyone must prepare for is the fact that during the changeover from XTON to ELOT symbol a lot of confusion can happen, your on-line brokerage's database may not recognize the symbol and access to buy or sell may have to be done though a live broker ... this will result in reduced volume... the volume picks up at an accelerated pace later(due to backlog), so volatility is magnified... I recommend no stops unless you want to get taken out or if that's the only way you can feel secure about your investment. --------------------------------- I hope you'll appreciate the fact that I did get tired with my tap-dancing... for me a 27% gain is great... if it sells off on profit taking this Monday (I don't expect it), I only have myself to blame for setting too lofty a target and not locking a portion of my paper gains... IMO it will move, just be nimble if other traders drive it south for a while... the bull/bear match all over again... Regards, SF