maybe today's selloff was partly due to all the
millions of people that have yet to pay their taxes did so
today with Margin, or by selling off gains that were on
margin. I would wager that the tax timing had a little to
do with it. It was mentioned the other day in the
paper that the majority of individuals had yet to file.
If you watched any of the volume of sales they were
100 and 200 share trades for the most part. No big
Blocks from institutional traders.
Yesterday we had 74 million website hits. Got to
through AOL. Like AOL - like Schwab -
investing in brand
names, earnings, and trends has
worked for me. Net Bank's
move downward today - a
lesson about "fireflys."
the next BIG PLAY. The StreetQ.com has ELBO
spinning off ebworld.com as an IPO. ELBO currently
starting up a sercice cal center in Las Vegas, starting
with 60 employees, soon to be 300 by Christmas!
Currently at a price of 17 9/16, with a trailing PE of 16.
Volume today at 12X mormal. just getting started!
DCTC-Long distance phone carrier in over 30 European
countries and Canada. 2 dollar stock. IIXC, insiders, CEO,
and long term shareholders own 80 percent of the
outstanding shares. This leaves a very small float. Read the
incredible new press release.
DCTC could easily
double or triple tomorrow.
Just too expensive to take away AOL's 17 million
growing subscriber base. If you are a day trader
ATHM and make money. If you are a long term
buy AOL on the dips and hold.
the very first newletter from Merrill Lynch when
I started investing years ago - the headline read
Quality" that advice has served me well over the
Second place is the first loser. 17 million
is a fundamental - one million new
subscribers in the last
five weeks - numbers determine
whether a stock is a firefly.
ATHM, RNWK, NTBK, PRGY
- fireflys - Stay long on AOL - can't
another stock that will make it possible to call
your boss and say, "I'm calling in rich and won't be