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

To: LTK007 who wrote (27136)	9/24/1999 8:33:00 PM
From: re3	Read Replies (1) \| Respond to of 99985

max - shouldn't you be watching wallstreet week now <g> ike

To: LTK007 who wrote (27136)	9/24/1999 9:32:00 PM
From: KeepItSimple	Respond to of 99985

>I will have to seriously factor in the mania factor(fed shamelessly by > Wallstreet) into my MDA. You must remember that internet IPOs have been the single most profitable event in the history of wall street brokerages. Nothing else has ever generated even REMOTELY that amount of profit and underwriting fees. The brokerages will pimp, pump, and hype until the very last dollar is taken from the very last greater fool. You _must_ take this into account when betting against the mania. Sometimes the truth slips out, (ballmer's truth slipup yesterday) but 99.9999% of the time wall street will say whatever it needs to in order to sell you internet stocks. They have MASTERFULLY convinced every man woman and child in retail investing america that profits do not matter, and never will. At least for the next 5-10 years. It's all a scam, but there is no way to know when the last sucker steps up to the plate. Until that time, you've got to be fast and nimble. >I will have to seriously factor in the mania factor(fed shamelessly by > Wallstreet) into my MDA.

To: LTK007 who wrote (27136)	9/25/1999 2:20:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 99985

max90, did you read these quotes from the cbsmarketwatch.com site? Are Net stocks a safe haven? AOL gets access relief, Ariba hits new high cbs.marketwatch.com "The Internet is the safest place to have your money during times of uncertainty," said Roy Howard, an analyst at hedge fund Circle T Partners. "This is the growth area," said Leonard Gross, at hedge fund The Garnett Group. "Everything else is falling but the Net stocks are still success stories." Gross pointed to the Standard & Poor's 500 and the Dow Jones Industrial Average, which are both down about 4 percent since the start of August, while the Goldman Sachs Internet Index has held up. On Friday, the18-stock Goldman Sachs Internet Index rose 3.6 percent, finishing the week up 4 percent to 431.43. The Amex Internet Index added 2.7 percent to 314.26. Merrill Lynch's Internet Holdrs, a basket of the 20 largest Internet stocks by market capitalization, rose 5 percent to 106 3/4. The security, which began trading Thursday, is traded on the American Stock Exchange under the ticker: (HHH: news, msgs). "If you can get past the valuation hump," it's a good time to buy, said Circle T's Howard. "We're entering a seasonally strong quarter and an earthquake in Taiwan doesn't affect their business." "It just makes Taiwan a more frequently searched word on Yahoo," he added. ----------- Amazing. Almost sounds as though he's even enthusiastic over the deaths of 1,700-2,100 people.