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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: HiSpeed who wrote (13172)1/27/1999 11:29:00 PM
From: Judy  Read Replies (2) | Respond to of 34811
 
HiSpeed,

Momentum on the first-tier internet stocks turned positive today, not surprising given EBAY beating earnings expectation and announcing a 3-1 split. The question remains whether the internets can trade against the selling pressure of the market indicated by the reversal in the NYSEBP. My sense is that the sector will be able to after the dust settles, the market's reaction to AOL tomorrow should set the near-term trend for the internets.

Message 7518201