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


To: American Spirit who wrote (66150)1/7/2001 2:25:06 AM
From: TWICK  Read Replies (1) | Respond to of 99985
 
stockcharts.com

Twick



To: American Spirit who wrote (66150)1/7/2001 3:15:10 AM
From: iod_sherwood  Read Replies (1) | Respond to of 99985
 
Anything internet is a steal unless it's going out of business.

that's pretty rhetorical... of the internet ipos/internet services ipos... maybe a small handful of them survive... over 250 of them hit prices over 10 bucks and have plummetted to less than 80% of those prices... many are sub1.

pull up a 3-4year chart of SUNW... might change your mind a bit about being so bullish...now is the time to search for the companies left standing.

things like CHKP are still shortable. still some froth out there. uncertainty is not good and since uncertainty certainly doesn't look likes its going away anytime soon. long is basically wrong for investing... keep trading i say, the range is narrow and the direction is down.



To: American Spirit who wrote (66150)1/7/2001 4:46:14 PM
From: SOROS  Read Replies (1) | Respond to of 99985
 
"There is no air left in any of the bubble stocks and high-fliers. There are no high fliers left."

How about any of these? Do you consider these to be "VALUE" low-flying stocks?

finance.yahoo.com



To: American Spirit who wrote (66150)1/7/2001 9:54:44 PM
From: judge  Respond to of 99985
 
NO high fliers left??? take a look at all the nasdaq 100.. average Pe is still near 100.. If that is not overvalued I dont know what is..



To: American Spirit who wrote (66150)1/7/2001 10:10:27 PM
From: Dave Kiernan  Read Replies (2) | Respond to of 99985
 
Giant Tuna sells for record $173,600
A TV cameraman films a blue fin tuna that fetched the market's record bidding price of 20 million yen ($172,400) during the year's first bidding at the Tsukiji Fish Market in Tokyo
January 5, 2001

cnn.com

Where there's fish...there's bubbles <g>