MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (10030)	4/6/1999 10:42:00 PM
From: Jack Luo	Read Replies (1) of 99985

Heinz, Just got home from work and logged onto my computer. I was a little surprised to see 126 new posts in this thread. Everybody seems got excited. Wow! Market up and down. I had some time in the daytime to look at my watch list. Saw the big swings in both AOL and YHOO. I was wondering some news must be leaked out. The following news must be the reason why AOL shot up today: cbs.marketwatch.com Can you image this even last year? CBS could have bought 5 AOL's 5 years ago. Now, AOL is worthy of 5 times of CBS. What a new economy! My wife told me that according to CNBC, CBS denied the rumor. That's probably why it came back to earth later afternoon. Somebody in this thread may be confirm this. As I said in my earlier post about AOL, even its chart looks extremely overbought, you never know what's going to happen the next day. Did you notice that there have been lots of buying and merging activities by the big Internet companies. Any news like this will excite enthusiastic investors and generate buying panic. So one of my rules is "never short leaders" no matter how tempting it looks, because the risk/reward ratio is too high. I am only looking for easy targets. You are lucky, AOL got back to the earth before the market closed. I think you will be OK, but don't take my word, I am only a part-timer. <g> Good Luck! Jack

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next