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

To: bobby beara who wrote (43048)	3/14/2000 10:07:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 99985

well b, i did not understand anything G spoke of recently, so that won't help me with the riddle! The financials are down because more people are selling than buying them. Why? Chasing performance in the naz. That's my thesis. of course, it goes beyond financials, of course. The big boys and girls seem to be selling anything and everything old. I just watched the tape I made of Moneyline. (Love Willow's cheekbones, but Maria is the girl for me-- I wish I had a Maria doll I could sit atop my dell monitor). Anyway, Larr E was waxing sonorous about the deflationary (he did not use that word) power of da net. The guy is right, of course. I think he'll pump us up for the open at least. Is it possible that Clinton caused the selloff in biotech? I ask because a friend of mine just called totlel me how he got killed today buying around 10am. I explained to him that I sold to him. He said "things looked great, how did you know to sell?" I said "I did not 'know' to sell-- I wanted to make 3-4 points on my SUNW and, when I got it, I sold." But I did notice that things sort of hit the skids all-at-once. Then I heard the Clinton news. Anyway, we've had 2 selloffs like this so far this year (in January, I believe). So, let's see if 3 times is the charm. No OJ tonight-- bullish?