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Technology Stocks : E*TRADE IPO ALERT THREAD -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (3241)5/25/1999 6:33:00 PM
From: Dave Chan  Read Replies (1) | Respond to of 15145
 
Talk about a bad week. I'm getting absolutely crushed
this week. 100% of my portfolio is internet stocks.
Some of my stocks are: INKT, DCLK, NITE, INSP, EXDS, AMZN,
AOL, YHOO. When is this going to turn around?

Meanwhile, I'll try to get all the IPOs I can get my hands
on. I had to sell MMXI and TSCM yesterday to prevent
margin calls.




To: Bald Man from Mars who wrote (3241)5/25/1999 6:40:00 PM
From: Marshall001  Read Replies (1) | Respond to of 15145
 
I understand. Just giving my 2 cents. My only advice would be to use a stoploss. I got stopped out of NETP today at 20. I should have sold at 27 last week but still made $6.00 a share and did not have to flip. In this type of bloodbath, best to be in cash and buy the bodies when its all over. I have been waiting patiently for this to happen for 2 months. Only wish I had the time to daytrade with short positions. I want to be able to monitor those in case of a turnaround to the upside. My only long position right now is FNM. A range bound stock that has nothing to do with technolgy. Range is 66 to 73. In at 67. Relatively safe PE of 20.

M