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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%4:00 PM EST

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To: Jerry Olson who wrote (15882)6/3/1999 9:38:00 PM
From: bobby beara  Read Replies (1) of 99985
 
No OJ, i don't think this is endless selling, i believe demand will come back into the internet sector at the february lows and that would mean amazon has a downthrust below it's channel which would mean some meaninful capitulation to me, not enough blood for a scavenger to come in and pick at the bones yet.

in january they removed "will it survive' from the aol thread.

in april aol was the "must have internet stock" at $150-70,

this kind of contrary indicators are staring only "The Smarter Bull" in the face -g-

bb
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