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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: TimbaBear who wrote (2392)1/15/2000 11:45:00 PM
From: Hawkmoon   of 3536
 
You gave the 71% figure, and I did not check it's veracity....

fiendbear.com (About 2/3 the way down the page just before "Bull Peaks".

""DJIA at 3% below its 200 DMA (10/27/97); lowest since 11/94
DJIA at 12% below its 200 DMA (08/31/98); lowest since 10/90

Stocks below 200 DMA: 71%


Bull Peaks
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And btw, you'll get no argument from me about the changes that the internet will bring to creating even greater efficiencies. However, many companies like AMZN are riding the wave of hysteria surrounding the internet, selling their stock, placing large convertible debentures that will one day pummel their stock price, and selling things at a loss... all in the name of "market share".

But what happens when they can find anymore buyers for their stock, and their competition continues to put pricing pressures on them?

The one business model that I seem to have some faith in is the B2B strategy that CMRC style companies are engaging in.

We'll see.

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