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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (29774)	12/5/2000 11:35:28 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68600

If we get the I-nets to participate, it will mean the psychology has changed in the overall market. ************************ 11:24 ET Blodget On Internet Industry : Merrill Lynch analyst suggests that recently revised industry forecasts of Internet spending too aggressive but encouraged by optimism of 40%-60% growth. If half-right, the leading ad-driven Internet stocks (AOL, YHOO, DCLK) should perform well in 2001. Analyst more cautious with 10% Q1 forecast but expects fundamental outlook to improve which could lead to multiple expansion in 2H.