Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: jeer who wrote (3139)	11/26/1998 5:47:00 PM
From: James Strauss	Read Replies (1) of 13094

Jeer: You're probably right for the short to intermediate term... The E-Commerce stocks are like the Biotechs were a number of years back... Then, the whole sector tanked... Investors wanted more than future promises... The Amgen's of the world survived... Many were relegated to the 1.00 or less range... We'll see the same thing with the E-Commerce stocks... Eventually there will be a crack in the upward price spiral as more investors realize that they're betting on Vapor... When that happens, the use of computers will facilitate a tremendous crash in most of these stocks as on line traders all try to head for the exits at once... Jim

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