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 665.67

-0.9%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bobby beara who wrote (10128)	4/7/1999 5:40:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Bobby, yhoo's earnings came in at the low end of the whisper numbers, but the more important bit of the report was the growth in usage, which implies higher ad-revenues in the future. it's up in after hours trading so far, so maybe the post-earnings sell-off so widely expected (incl.yours truly) isn't going to happen this time.if the stock is strong tomorrow, the mania will have bought itself some more time. btw, what a strange day, with comp and indu diverging...probably the individual equity call buying i noted yesterday was concentrated in the techs. i'll keep a close watch on signs that conviction in the markets strength is on the rise, but so far i see continuing caution. the latest example is the monthly newsletter i get from mwd. it's entitled 'near-term uncertainty..' strength in my overseas gauges hang seng and ftse is also encouraging. interestingly, the helsinki hex, which i recently mentioned as having predictive value for the nasdaq, was also off today in spite of strong markets across europe. it's not a widely watched indicator, and that makes it very valuable. hb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next