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

To: pater tenebrarum who wrote (35740)	12/22/1999 11:38:00 AM
From: Yogizuna	Read Replies (1) \| Respond to of 99985

It's totally insane, and turning all logic on it's proverbial head! But the REALLY scary thing about all of this nonsense now going on in the market, is that it PLAINLY shows us just how ignorant many of today's market participants truly are, and how they are setting us up for bad times in the future of horrific proportions!! Many of these true blue fools will literally be on their knees praying to god (even if they do not normally believe in such a supreme being) before it is all over. That is just how bad I believe it will get, most unfortunately, but, they will reap what they sow, and they are sowing the seeds of their own destruction. Yogi Claws

To: pater tenebrarum who wrote (35740)	12/22/1999 11:46:00 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 99985

Heinz: The only thing I can recall even remotely similar to this internet mania was the gambling stock bubble of the late 1970s. When gambling was legalized in Atlantic City, many investors saw this as the beginning of a national trend and gambling stocks went absolutely NUTS. The stocks of some major casino operators when up 1000% or more in a year. At the peak of the frenzy if a company announced it was CONSIDERING opening a casino in Atlantic City, the stock would often double or triple overnight. SOUND FAMILIAR Of course the gambling stocks bubble was tiny compared to the internet craze. I doubt if all the gambling stocks combined had a market value of even $25 billion at the peak.