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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (20618)	4/27/1999 4:53:00 PM
From: Judy	Read Replies (1) \| Respond to of 42787

Every internet on my first and second tier list put in a blowoff top either on/before earnings or some major announcement, and are in the process of consolidating. Don't see why AOL and AMZN should be different. Message 9133426

To: dennis michael patterson who wrote (20618)	4/28/1999 1:27:00 AM
From: Electric	Read Replies (2) \| Respond to of 42787

dennis, I agree with you and Judy, there will be selling on the news on AOL tomorrow just like the norm. I think that AMZN has the possibility to blow by their top line numbers and that may have an effect on how the stock is treated. I also got a proxy from them looking to increase the shares outstanding, to me that means more acquisition and splits. I am sure you got the same info, what do you think about that? A part of me thinks that the nets might be due to get hammered in the near term, but I have thought that in the past too, and there are too many individual investors in the market to let the nets fall too far, so I would not expect a long term correction, more of what Judy said, top tier stocks ought to weather this just fine. My worry is in the Dow 30. I cant digest a continued move from here. If we do go down, I think we have to go down in a large fashion, 500-700 points, and maybe even more. The Dow has moved outside of the mean and has to rest at some point. I dont know if we can trust any one individual that claims to know .. Plonk, Carpino etc. There will be a trigger to start it, maybe Friday's numbers, or some Fed leak, who knows! I would use caution here though, I could seriously see AOL below 100, it wouldnt shock me at all.. Sorry I havent been around too much.. Anyone heard from Chris?