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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (4547)	4/19/1999 4:37:00 PM
From: JSB	Read Replies (2) \| Respond to of 118717

I have no doubt we will see them again, but, in the short term, I think they are broken. You're right, I am amazed to see my value stocks trade up in this market.....kinda gives you a warm fuzzy :) I don't think I will have an opp to trade tomorrow since my biggest client gets audited tomorrow. I'm not sure what I would want to do in the market anyway. Very interesting that the RUT was only off 2%. Perhaps a signal to be played. It will be exceptionally interesting to see what happens when the margin calls come in tomorrow. Might make for some good buying opps in the next 48 hours.

To: Dale Baker who wrote (4547)	4/19/1999 4:43:00 PM
From: EyeDrMike	Read Replies (2) \| Respond to of 118717

many of these internets were way overbought. look at AMTD at 188, or NTBK at 249. Or even the NAZ 100 which more then doubled since 10-98. Hopefully, this is nothing more then a healthy and necessary correction. I still think the internets are only in their infancy, and with the new internet funds coming this year, will make internet valuations take off. It is interesting to note that some of these internet stocks that have had huge gains this year, did hold some TA support lines in the midst of the bloodbath. Others sold off on relatively low volume. As far as EGRP and MSFT tomorrow, AMTD recently reported double analyst estimates, and EGRP may surprise as well. MSFT is off recents highs, and usually manages to do well at earnings time. Mike