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


To: TechTrader42 who wrote (3423)1/7/1999 7:20:00 PM
From: Lee Lichterman III  Respond to of 99985
 
>>For the next wave of buyers, I suggest IPO's in soup kitchens <<

I believe it is already out there. It is called Micron and they are up again today. Only a little over a double in the last couple months but not bad for a company that won't ever make enough money in their good year to pay off the debt they rack up the other 4 years of the cycle. <ng>

As for your internet idea, I like the idea of Brooklyn bridge.com. I would be willing to bet if they put it on the exchange, it would trade up the first day.

To SO, yes TA works but it still won't make me buy this bubble. I will stick with FA for what to buy and TA for when to buy it. I saw the run on the Disk makers as I posted on the SA thread but I won't buy them. I have to agree with LT in the idea that this run on no earnings just makes the puts pay better when the market finally wakes up from this dream.

Lee