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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (21400)	7/29/1999 12:50:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

GST, i did get my bounce yesterday and bailed at the open. i never hang on to these nutz for more than a day or two... they are excellent trading vehicles due to their volatility. it matters little in that context whether they are in a bear or bull market. btw, as you could see from my wave count post, i expect them to go a lot lower longer term. i don't think anyone can reasonably argue that these are not mania stocks - as such, they will get their comeuppance in spite of the wonderful future of the internet. it has happened with other mania stocks in the past and there is no reason to believe that 'this time will be different'. regards, hb