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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: Jerry Olson who wrote (15170)5/27/1999 8:55:00 PM
From: bobby beara  Read Replies (1) of 99985
 
jer, should i digest your long post to this -g-

the market may go up or

it may go down -g-

jer, from a pure sentiment view the internets are toast.

the street has been touting the heck out of internets, we may have made a top in internets like we did in 1997 in the oil drillers when everybody was touting the goldilocks world economy.

AOL's thread use to say on it "will it survive" when that was removed my contrarian ears perked up, however tops are harder to call because greed spreads out while fear usually is more pinpointed.

When so many people were touting AOL as the must have internet stock in March and April didn't you come to the conclusion that it was the must sell internet stock -g-

bb
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