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Hi John,
Thanks, for the article. I don't trade internet stocks, but very
interesting to see.
Trade Well,
Joe Frabosilio
Johnny Storm wrote:
> Hey I am not sure if everyone read the article on the internet stocks
> that I sent out a couple of days ago by Mark Boucher, but if you
> haven't we are very, very close to the breakdown levels.
>
> IIX is at 264 with a low of 260.59 the support level is at 250. AOL
> tanked yesterday closing below the support level of 89. In addition
> CNET and Etrade broke their respective levels
>
> I have been following Boucher's research and it is really quite good. I
> am looking to capitalize on this downside move using the index options
> on the internet sector.
>
> JS.
>
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