MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

Nov 20 4:00 PM EST

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To: HairBall who wrote ()	10/16/1999 11:39:00 PM
From: radames	Read Replies (2) of 99985

hey what's up with the nets?? i am utterly baffled by their price action today,,dow down 260+,nasdaq down 70+ and the nets barely moved ,,look at yhoo only down 3 points??it is coomon sense that in a highr intrest rate enviornment it will be harder for companies to post profits especially companies with p/e of over 1000,and earnings of .14 and a 50 billion dollar market cap,imo the only reason the nets didn't crumble was because of options manipulation by the mm's,,i watched my bloomberg the last hour options

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