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


To: Lucretius who wrote (38191)1/27/2000 3:28:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 99985
 
>i smell a MELT

yes, a melt UP, you silly bastard.

as usual, the dip was bought, and the nikkei is now rallying.

it doesnt matter that the president of sony said publicly that sony's stock was overvalued.

just as it didnt matter when the president of microsoft said publicly that microsoft's stock price "was absurdly high"-- the investors know what microsoft is worth more than some silly president, and promptly ran it up 25% in two months.

GOD BLESS AMERICA!



To: Lucretius who wrote (38191)1/27/2000 9:34:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
no melt in sight...not yet anyway.