MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.21

-1.1%

Nov 6 4:00 PM EST

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To: pater tenebrarum who wrote (13784)	5/13/1999 10:13:00 PM
From: bobby beara	Read Replies (1) of 99985

Heinz, internets sucked today, amzn chart pukey and the brokers didn't take out the hump, buyers are not following thru on what looked like a decent bottoming pattern, plus IBM and HWP both rocked but the XCI was only able to touch it's downtrendline and reverse. IBM made it's trading range target today. My small caps did quite well, but didn't make up for the internet carnage. Like you, I believe another leg up will have to be lead by the internets. Buyers need to step up to the plate or the next buy point for Amzn will be at 50% off Borders price -g- bb

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