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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Lins who wrote (10994)	3/5/1999 11:05:00 AM
From: Piranha	Read Replies (1) \| Respond to of 16960

<< The buzz on the Street..."blah blah blah TDFX blah blah the pattern blah blah..." >> I agree completely. However, this report was enough to move almost 2M shares in a major price move. Unfortunately, even if you don't think the analysts know anything, people listen to them. Think about this analogy: You live in a kingdom where the king rules absolutely but makes all his decisions based on what his psychics tell him. Even if you think the psychics know nothing, what they prognosticate still affects you directly. So the art of living happily becomes predicting what the king will do after the psychics issue their reports :) Replace "king" with "market" and "psychic" with "analyst" and see if the story sound familiar. Piranha

To: Jeff Lins who wrote (10994)	3/5/1999 3:17:00 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 16960

>>sorry to learn that you are no longer in VISX sun... So am I <G> BTW have you been reading the AoI thread? So far everything (including today) is going according to the plan. Today's market action has done nothing to change my bearish view; when we started the day, A/D was 5/1 now it is 4/3! Talk about lack of sustaining power. Not to mention that the bonds have given back most of their gains, complements of Mr. Kelly. I am looking for a market top by Tuesday. On another note, Could you post the TSC article here. I'm too stubborn to sign up for their free membership. thanks, Sun Tzu