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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: bobby beara who wrote (4886)1/28/1999 11:46:00 PM
From: Lee Lichterman III  Read Replies (1) of 99985
 
>>He likened the internet stocks to the lottery.
Americans love to play the lottery -g-<<<

Did you see broadcast.com? Missed earnings by a nickel, had a larger loss than last year and it climbed 28 points!!! If the "good" stocks don't have an upside surprise by enough of a percentage they get killed. This market IS a lottery lately.

The upwards mini fork I spoke of last night is still valid so far. Just waiting for the intersection with the mid term fork next week or so.

Lee
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