| BigPlayStocks.com-- FREE PICK OF THE WEEK! -- Tuesday
12-05-2000 Copyright2000, All rights reserved. FREE PICK: Redistribution in any form strictly prohibited. ======================================================= FREE PICK OF THE WEEK: 9:30 PM EST (Best viewed in Courier Font) ======================================================= Market Stats | 12-05-2000 | Closing Bell ======================================================= RECORD CLOSING NUMBERS! Change High Low Volume Adv/Decline DJIA 10898.72 + 338.62 10917.30 10576.78 1.6 bln 2085/ 853 NASDAQ 2889.72 + 273.97 2889.79 2694.41 2.4 bln 2769/1205 S&P 100 732.09 + 30.82 732.09 701.27 TOTALS: 2856/3966 S&P 500 1376.54 + 51.57 1376.54 1324.97 41.9%/58.1% RUS 2000 471.18 + 20.79 471.26 450.39 DJ TRANS 2843.96 + 76.19 2847.26 2765.21 VIX 27.05 - 3.26 29.71 26.95 Put/Call Ratio .68 ====================== FREE PICK OF THE WEEK!: ====================== CNET NETWORKS: (CNET) 18.38 + 0.13 (PLAY = BUY LONG) PLAYER PROFILE: CNET Networks, Inc. is a global media company, producing a branded Internet network, a computer product database and television and radio programming for both consumers and businesses. Using unbiased content as its platform, CNET has built marketplaces for technology products, and, through its CNET Data Services subsidiary, is the primary provider of information powering the computer and electronics sales and distribution channels. CNET's Internet network serves millions of users each day. CNET Data Services licenses its multi-lingual product database to United States and European online computer retailers, resellers and e-commerce companies. CNET television programming airs on CNBC and in national syndication, as well as in nearly 100 foreign countries. CNET Radio airs in the San Francisco Bay Area on KNEW 910 AM. In October 2000, the Company completed its merger with Ziff-Davis Inc. Ziff Davis owns ZDNet, a leading online content site focused on technology products and services. COACH'S STRATEGY: CNET Networks (CNET) last reported earning a little over a month ago on October 24, 2000. The stock ahead of its earnings had been trading with the likes of its past rivals like Priceline (PCLN), and Amazon (AMZN). On the preceding stocks new found hard luck shares of (CNET) had fallen all the way back from March 2000 highs of 75.00 to under 20.00 a share. However when the earnings hit on October 24, 2000 they were better than anyone figured they would be! The company reported vast growth increases across all matrixes. It came in with stellar earnings. Beating the Street by 4 cents a share coming in at 7 cents a share. What a stark contrast to last years same period that registered a 32 cent loss. As a result and the stock took off as shorts had nowhere to hide. It rocketed through 22.00 then through 30.00 on huge volume as several investors, and traders alike back up the truck sending the stock as high as 32.00 plus. But sorry to say those gains wouldn't hold as (CNET) was unfortunatly in a guilty by association verdict very much a part of a NASDAQ markets late November selloff. The stock was slammed on November 14, 2000 along with the NASDAQ as investors quickly forgot the great numbers and ran for their lives as Florida's indecision along with slower earnings growth ( for pretty much the rest) of the NASDAQ had put a major strain on shares of (CNET) It was "Sell Now!,, And Ask Questions Later!" action for (CNET) as investors sent the stock price in less than a day under 20.00 a share. Since then up till yesterday the stock had performed amazingly well. As in the midst of the NASDAQ's year lows it had managed to hold its ground staying above its year low seen pre earnings back on October 16, 2000 at 15.21 a share. It hovered on less than average volume in a range of 20.00-21.94 or so. That was until yesterday. The stock again got caught in Internet worry mode. This time it was hit as Yahoo! (YHOO) was pegged by analysts of possibly missing its estimates, and a rumor even surfaced that (YHOO) CEO was leaving. Once again shares of (CNET) were in the wrong place at the wrong time and the stock took another dive this time falling back under November' 2000's month long support of 18.00 a share as it went as low as 17.88 on more than 2.5 times normal volume of 5.5 million shares trading. As a result of yesterdays sell off of (CNET) set in it trading pattern what is called a "Bullish Hammer." The chart formation is a rather rare pattern that takes place in a down market. The NASDAQ certainly qualifies and taking (CNET) along for the ride showed it. What takes place is the stock does exactly what it did yesterday it sells off ussually on exaggerated volume but holds its support area which (CNET) did However the result of the selloff leaves bears not wanting to short any reflex oversold moves back up. So in turn as the market turns around shorts cover. To finish the pattern the stock must close higher then it opens. That's exactly what happened creating a reversal as shares of (CNET) went under 18.00 yesterday falling as low as 17.88 but closed off its day lows at 18.25. Today was the finishing move as the stock added on huge volume in what the NASDAQ would make its biggest percentage gain ever going up over 10% and closing at its highs just under 2900.00 Even though shares of (CNET) traded big volume they didn't really gain any ground. It was utterly amazing to see all that volume file into the stock and all it could muster was a gain on the day of 0.13! Well, that was today. Tomorrow is what we are waiting for. If the pattern holds correct and today's high of 18.94 is broken the stock should go on a run that could take it all the way back to its 200 day moving average (dma) of 33.00. It looks as if it can at least make a move to its 50 day moving average (dma) of 27.25. That "Bullish Hammer" is exactly what should become the fate of (CNET) shorts that have to be on life support after watching all that volume pile in the stock today. We'll go into the stock in the AM ( that's tomorrow) if it breaks today's high of 18.94 and we'll look to be on a fast train up as shorts should get HAMMERED! KEY INDICATORS: CNET Buy Area: 18.44 Execution Price: 18.44 Limit Stop: 15.13 1-5 Day Target: 27.25 14 Day Target: 31.00 Average Volume: Today's Volume: 4.5 million Expected Earnings: January 23, 2001 RUN THE OPTIONS! CNET: Dec00 20.00 Symbol: QKW-LD Ask: 1.06 Vol: 66 OI: 379 If (CNET) sees 27.00 Plus as Predicted Those Options Could See A 300% Move Up! ======================================================= BigPlayStocks.com-- FREE PICK OF THE WEEK! -- Tuesday 12-05-2000 Copyright2000, All rights reserved. Post-Game Report Redistribution in any form strictly prohibited. ======================================================= FREE PICK OF THE WEEK: 9:30 PM EST (Best viewed in Courier Font) ======================================================= Market Stats | 12-05-2000 | Closing Bell ======================================================= RECORD CLOSING NUMBERS! Change High Low Volume Adv/Decline DJIA 10898.72 + 338.62 10917.30 10576.78 1.6 bln 2085/ 853 NASDAQ 2889.72 + 273.97 2889.79 2694.41 2.4 bln 2769/1205 S&P 100 732.09 + 30.82 732.09 701.27 TOTALS: 2856/3966 S&P 500 1376.54 + 51.57 1376.54 1324.97 41.9%/58.1% RUS 2000 471.18 + 20.79 471.26 450.39 DJ TRANS 2843.96 + 76.19 2847.26 2765.21 VIX 27.05 - 3.26 29.71 26.95 Put/Call Ratio .68 ====================================================== ====================== FREE PICK OF THE WEEK!: ====================== CNET NETWORKS: (CNET) 18.38 + 0.13 (PLAY = BUY LONG) PLAYER PROFILE: CNET Networks, Inc. is a global media company, producing a branded Internet network, a computer product database and television and radio programming for both consumers and businesses. Using unbiased content as its platform, CNET has built marketplaces for technology products, and, through its CNET Data Services subsidiary, is the primary provider of information powering the computer and electronics sales and distribution channels. CNET's Internet network serves millions of users each day. CNET Data Services licenses its multi-lingual product database to United States and European online computer retailers, resellers and e-commerce companies. CNET television programming airs on CNBC and in national syndication, as well as in nearly 100 foreign countries. CNET Radio airs in the San Francisco Bay Area on KNEW 910 AM. In October 2000, the Company completed its merger with Ziff-Davis Inc. Ziff Davis owns ZDNet, a leading online content site focused on technology products and services. COACH'S STRATEGY: CNET Networks (CNET) last reported earning a little over a month ago on October 24, 2000. The stock, ahead of its earnings, had been trading with the likes of its past rivals such as Priceline (PCLN), and Amazon (AMZN). On the preceding stocks new found hard luck, shares of (CNET) had fallen all the way back from March 2000 highs of 75.00, to under 20.00 a share. When the earnings hit on October 24, 2000 they were better than anyone figured they would be! The company reported vast growth increases across all matrixes. It came in with stellar earnings. Beating the Street by 4 cents a share coming in at 7 cents a share. What a stark contrast to last year's same period that registered a 32 cent loss. As a result, and the stock took off as shorts had nowhere to hide. It rocketed through 22.00 then up through 30.00 on huge volume as several investors and traders alike back up the truck sending the stock as high as 32.00 plus. But, sorry to say those gains wouldn't hold as (CNET) was unfortunately in a "guilty by association" verdict very much a part of a NASDAQ markets late November selloff. The stock was slammed on November 14, 2000 along with the NASDAQ as investors quickly forgot the great numbers and ran for their lives. Florida's indecision along with slower earnings growth for pretty much the rest of the NASDAQ had put a major strain on shares of (CNET). It was "Sell Now and ask questions later!" action for (CNET) as investors sent the stock price under 20.00 a share in less than a day. Up until yesterday, the stock had performed amazingly well. As in the midst of the NASDAQ's year lows it had managed to hold its ground. It stayed above its year low seen pre earnings back on October 16, 2000 at 15.21 a share. It hovered on less than average volume in a range of 20.00-21.94 or so. That was until yesterday. The stock again got caught in Internet worry mode. This time it was hit as Yahoo! (YHOO) was pegged by analysts of possibly missing its estimates, and a rumor even surfaced that (YHOO) CEO was leaving. Once again shares of (CNET) were in the wrong place at the wrong time and the stock took another dive. This time it fell back under November' 2000's month long support of 18.00 a share as it went as low as 17.88 on more than 2.5 times normal volume of 5.5 million shares trading. As a result of yesterdays sell off of (CNET) set in it trading pattern what is called a "Bullish Hammer." The chart formation is a rather rare pattern that takes place in a down market. The NASDAQ certainly qualifies and taking (CNET) along for the ride showed it. What takes place is the stock sells off on exaggerated volume but holds its support area. To finish the pattern the stock must close higher than it opens. That's exactly what happened creating a reversal as shares of (CNET) went under 18.00 yesterday and fell as low as 17.88 but closed off its day lows at 18.25. Today was the finishing move as the stock added on huge volume in what the NASDAQ would make its biggest percentage gain ever going up over 10% and closing at its highs just under 2900.00. Even though shares of (CNET) traded big volume they didn't really gain any ground. It was utterly amazing to see that entire volume file into the stock and all it could muster was a gain on the day of 0.13! Well, that was today. Tomorrow is what we are waiting for. If the pattern holds correct and today's high of 18.94 is broken the stock should go on a run that could take it all the way back to its 200 day moving average (dma) of 33.00. It looks as if it can at least make a move to its 50 day moving average (dma) of 27.25. That "Bullish Hammer" is exactly what should become the fate of (CNET) shorts that have to be on life support after watching all that volume pile in the stock today. We'll go into the stock in the AM (that's tomorrow) if it breaks today's high of 18.94 and we'll look to be on a fast train up as shorts should get HAMMERED! KEY INDICATORS: CNET Buy Area: 18.44 Execution Price: 18.44 Limit Stop: 15.13 1-5 Day Target: 27.25 14 Day Target: 31.00 Average Volume: Today's Volume: 4.5 million Expected Earnings: January 23, 2001 RUN THE OPTIONS! CNET: Dec00 20.00 Symbol: QKW-LD Ask: 1.06 Vol: 66 OI: 379 If (CNET) sees 27.00 Plus as Predicted Those Options Could See A 300% Move Up! If you want Plays like this sent to your email daily,
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