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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 668.73+1.5%Nov 24 4:00 PM EST

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To: Les H who wrote (15211)5/27/1999 11:26:00 PM
From: bobby beara  Read Replies (2) of 99985
 
Les, yuppity yup, what looked like yesterday as a neat reversal day in the nutz was met by sellers today, what was oversold in the bull market for nutz no longer applies.

"AOL the must have internet stock" cry of April 99 is a glaring sentiment indicator that the internet sector is a glaring sell, just like the oil drillers or the semiconductors were at the 1997 tops after their parabolic rise.

bb
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