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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

4:00 PM EST

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To: Jerry Olson who wrote (15870)	6/3/1999 9:22:00 PM
From: bobby beara	Read Replies (3) of 99985

Jerry, they are dropping like flies, take a look at awre, it dropped out of it's triangle just yesterday on big volume. big money is leaving ... and the slope of hope for losers who don't have a sell discipline are left. yes the internet is the greatest thing since sliced bread or the gutenberg printing press, but since it is that and such an open technology, who sezs there will be a MSFT, DELL, CSCO etc. to drive this economy. Nobody has a monopolistic control over software in this environment or channels of distribution, or hardware. don't be fooled because a few net stocks have been driven up crazy because of low supply and the recognition of this ramifications of this technology on business and society. it is only supply and demand, nothing else. supply is now becoming plentiful and more in the pipelines. bb

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