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


To: bobby beara who wrote (4886)1/28/1999 11:46:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
>>He likened the internet stocks to the lottery.
Americans love to play the lottery -g-<<<

Did you see broadcast.com? Missed earnings by a nickel, had a larger loss than last year and it climbed 28 points!!! If the "good" stocks don't have an upside surprise by enough of a percentage they get killed. This market IS a lottery lately.

The upwards mini fork I spoke of last night is still valid so far. Just waiting for the intersection with the mid term fork next week or so.

Lee



To: bobby beara who wrote (4886)1/28/1999 11:56:00 PM
From: HairBall  Respond to of 99985
 
bobby: Will the last run up, allow for the last DJI H&S....fairy tell come true...<g>

Regards,
LG



To: bobby beara who wrote (4886)1/29/1999 5:21:00 PM
From: KM  Read Replies (1) | Respond to of 99985
 
Bobby: Apropos to what you said last night:

(from JJ Cramer column today):

Random musings: Has anyone ever seen anything like the atrocious end-of-the-month marking that went on Cisco (CSCO:Nasdaq) today? Outrageous. I had to sell some.

I did follow you on that one this a.m. in the knockdown. Great idea. Blew it out at the end though.



To: bobby beara who wrote (4886)1/29/1999 11:29:00 PM
From: sean sanders  Read Replies (1) | Respond to of 99985
 
Mr. Beara,

"AOL has a gap to new highs with an inverted H&S pattern that points to 204."

I'm curious where do you see the inverted H&S pattern?

Sean