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Pastimes : Techride -- Ignore unavailable to you. Want to Upgrade?

To: Blue Snowshoe who wrote (122)	1/14/1999 4:55:00 PM
From: Joana Tides	Read Replies (1) \| Respond to of 7442

The DJIA just jumped from 9090 to 9100 before my eyes - Techrides LuckyNumbers on Boxing Day! I SAW The One After 909 Vision so I speak here as Madame Ruth and not from proper TA Logic or Common Sense... IMHO The Glass Is Half Full - the otc dotcoms I kept were like popcorn today, when the kernels first start to blossom! But it sure is time to cash out if you get the Glass Is Half Empty spooks ! Pennies led it last time & it feeds back and forth...how I see it. So on CNBC & elsewhere they holler that a 1% day drop from a lofty pinnacle portends a crash of overwhelming proportions following the stopping of trading in Brazil's markets because of 10% drop there. Yeah Blue I heard it, not there but on radio 1:o<)its here its there it's everywhere. Remember that last time bad news hype brought down the bull market, but This Market Is Contrarian. If real bad news comes over the weekend, like the bombing a month ago, my money's where my mouth is it won't plummet this time just maybe a midway dip-if not rocket right up on Monday like it did then. (I was shocked to see that, at what to me was very bad news). There are many factions who would be happy either way this weekend goes...market reaction is surely unpredictable - especially after watching such contrariness in the recent past. To my way of thinking. Predicting Internets from all indices will FLY HIGHER again in turn soon - Saying this for 3 reasons- 1) January isn't even half over yet; recent stockprofits burn a hole in pocket as bonus checks gather dust in banks at under 2% interest a year; and ("You Can Start Me Up..") looky, '98 Roth IRA's can be initiated til tax is filed for '98 this year - consumer awareness blurbs are Out There now. 2) them newfangled Internet Funds are mighty powerful popular, selling like hotcakes, & fund investors might be tempted to just get some shares of Yahoo or AOL and see how it does alongside the fund. Not to mention that shares to fill the fund must come from somewhere, even though many are in there already (remember the big volume buys last summer as the share price holds steady?)I'm guessing the popularity of these is a surprise. Volume buys for i-net funds and NAV is up fast (bought Munder Internet about a month ago and it's up almost 30% already) & most of these are new and small enough to give-out earnings without it being buried in a stagnant pool of hugeness that seems to be the problem with many longtime mutual funds. These Funds will be getting much publicity, and the public acceptance that "Some Internets Are Ok Now" should walk that money to the stockmarket Dotcom from all directions in the near future. 3) There's a whole new crop of tech/net investors coming up, they got their kids the puter for the holiday, never had the Internet B4, and soon will discover (just like me a year ago)all the dotcom stockstuff along with the jokes and the chats, such great new toys for grownups who already know the basics of investing but kept away from the risky wildwest tech and internet sector. Heeeeeeere They Come !!! Joanie