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

To: Compadre who wrote (11020)	4/14/1999 4:34:00 PM
From: Sonny Blue	Respond to of 99985

>>This volume is not a good sign. << Agreed. But breath is still looking good. Tech aside, everything else looks ok. So, there are only several reason for this tech and Net selloff: 1. profit taking: Look at all the gain in Net stocks and you have to be an internut to not take something off the table. 2. option expiration: This is the day big options are in play. Things can go crazy either way, up or down. 3. NASDAQ is done for the year: INTC earning has changed everything good about owning techs. So, we all sell them. 4. Fundamental change: Inflation? Interest rate? I don't think so. 5. Unknown events: Kosovo? Y2K? I guess it's still unknown. Sonny