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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Jay8088 who wrote (2926)9/21/1998 11:35:00 PM
From: Mad2  Read Replies (1) | Respond to of 4634
 
Jay, I'd wouldn't classify AMZN and YHOO togeather. Compared to real business (ie mature) the valuation seems wild. IMO the one I'd be cautious about shorting is YHOO as I think this company has a the potential to accelerate their earnings which could create a feeding frenzy. I wouldn't go long either my point being it is just too unpredictable



To: Jay8088 who wrote (2926)9/22/1998 12:23:00 AM
From: Tai Jin  Respond to of 4634
 
I could be wrong, but SPX and DJI look to have bear flag formations. I think the markets are in for a fall soon.

...tai



To: Jay8088 who wrote (2926)9/22/1998 1:34:00 AM
From: Bill Wexler  Read Replies (3) | Respond to of 4634
 
<<Do you subscrive to TA or charts?>>

There is no evidence which supports the theory that past price trends or patterns can predict the direction of future prices; therefore, I never use technical analysis.


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