MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 10 4:00 PM EST

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To: Rarebird who wrote (40807)	2/20/2000 11:47:00 AM
From: bobby beara	Read Replies (2) of 99985

>>>>What is interesting here in this decline thus far is that the Information Age stocks have largely been unaffected. The weak get weaker while the strong get stronger.<<< Buying the new era speak bird? -gg- You should be reminded that the "new era" stocks of 1987 were making new highs within a week of the crash and showed little distribution pattern, like the dow did. I could argue that five wave rising wedge from 1/6 on the nasdaq is a distribution pattern. Over-investment creates overcapacity, happens time and again and is starting to show up in some the the "new era" stocks like former leaders amazon, aol, and ebay. b

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