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


To: bobby beara who wrote (11601)4/20/1999 8:45:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
bobby beara: I like your disclaimer, but "trashy.com"...LOL!

Regards,
LG



To: bobby beara who wrote (11601)4/20/1999 10:52:00 PM
From: Jack Luo  Read Replies (1) | Respond to of 99985
 
****OT****
bobby,

>>>>>I believe commodity based stocks will be the leaders and the next bull market will be in those stocks.<<<<<

If someone takes your investment advice, he definitely won't be rich in the 21st century. <ggg>

>>>>>I bought some nets this morning and believe we should continue the net rally may continue for a while as the market zig into oversold sectors like the techs, nets and drugs and zags out of the overbought cyclicals, we have to keep the market up until the Goldman IPO in May -g- <<<<<

I shorted what you bought today. <g>

Jack



To: bobby beara who wrote (11601)4/21/1999 8:30:00 AM
From: Les H  Respond to of 99985
 
Margin Calls Fuel Tech Selloff

washingtonpost.com

What are Techs Worth?

washingtonpost.com

The Washington Post has been good at picking tops from a contrarian point of view: Semiconductors October 95, Oil Service Stocks October 97, and now Techs April 99.

Out of the 15 most heavily traded and capitalized stocks in the OTC, all but 3 (Yahoo, Amazon, and Ascend) are below their 50-day moving averages.

I believe the financial stocks will probably be more consistently among the leadership in the next bull run. They faltered in January-March when the Brazil crisis re-emerged, and then have kept the Dow up along with the last push by the cyclicals.