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Disconnect These 3 Internet Stocks

Sometimes it's best to stick with brick-and-mortar companies


My Power Stocks System tracks the most volatile, liquid candidates for option trading or short-term stock trading each week…but along with those strong names, I uncover the duds of the stock market too. The stocks I put on sell watch are in bearish trends that still have a great deal of downside left.

I would recommend selling these names on any further weakness.

  • Atmel Corp. (NASDAQ:ATML): Resistance for ATML is at $7. The stock is trading between $6 and $7, and looks to dive downward. Volatility for this stock is rated 49—more than double the average volatility rating of 20.
  • Ebay (NASDAQ:EBAY): EBAY is in a downward trend showing signs of accelerating its descent. Resistance for the stock is at $55.
  • Amazon (NASDAQ:AMZN): AMZN’s downtrend doesn’t show any sign of a reversal. Resistance for AMZN is at $266.

If you’re unfortunate enough to own one of these names, take a loss now and save yourself the heartache later.

InvestorPlace advisor Ken Trester, editor of the popular Maximum Options advisory service, has just launched Power Options Weekly. This brand new weekly service delivers 5 new trades to you each Friday. It’s the perfect ‘bridge’ between investing in ordinary stocks and the turbocharged world of options trading. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990.  Try Power Options Weekly today and receive 2 weeks for the price of 1 for only $19.95.

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