Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: donald sew who wrote (11381)	4/19/1999 2:37:00 AM
From: epicure	Respond to of 99985

I decided last week that the end of this was going to be really nasty. We have been called by two people we know slightly (and called repeatedly I might add) for some internet scam business started by the Amway people. The people who called up are giving up REAL jobs to go after this - basically- pyramid scheme. The meeting for it in our town was packed. I could only shake my head in wonderment. And they think I am lame for not wanting to join the party.

To: donald sew who wrote (11381)	4/19/1999 7:36:00 AM
From: pater tenebrarum	Read Replies (2) \| Respond to of 99985

Overseas markets: strength in the oslo total index points to a continuation in the rally in oil stocks, and by extension other basic materials stocks. conversely, weakness in the helsinki hex indicates another bout of weakness in tech stocks. a strong overnight showing in the hang seng index argues for a strong day on wall street overall. if my assumptions about options-related moves in the market last week are correct, the nasdaq should overcome it's recent weakness soon. note that the front-month copper contract has started to rally in a series of run-away gap moves. i posted early in april that the move in crude likely presaged moves in other industrial commodities. this view seems to be vindicated now, as paper,steel,copper and aluminum prices continue to firm. many analysts seem to doubt the staying power of the rally in the cyclicals. i expect therefore that the rally has still further to go. hb