MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: Daniel Joo who wrote (12305)	4/28/1999 9:39:00 PM
From: American Spirit	Read Replies (1) of 99985

Losing steam? Maybe a little more rationality is coming into play but the nets can hardly be considered weak when they zoom back 30% from 40% drops last week in a matter of days. The fever may be lessening replaced by more circumspect analysis but the nets are still the greatest growth stocks of our era and will remain so. They are literally the future of comunications, news, information, commerce and entertainment. And this is just the beginning of a long but rapid evolutionary process. If you pick the winners you win big-time. If the nets sell off now it will just be a great buying opportunity again like last Monday. I made a killing on the stocks I bought that day.

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