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

To: Jerry Olson who wrote (12631)	5/2/1999 9:37:00 AM
From: Giordano Bruno	Read Replies (1) \| Respond to of 99985

Morning OJ, I wish you the very best of luck with your investments. If you ever see the semblance of a top please PM me and I will notify Abby Coen. Jim

To: Jerry Olson who wrote (12631)	5/2/1999 11:49:00 AM
From: stockycd	Read Replies (2) \| Respond to of 99985

OJ, I have no idea what you look like, but I envision you with BULL horns growing out of the top of your head.<ggg> Just a joke. I read most of your posts. You have good analysis! And please add me to the list of people to notify when you are not long anymore.<g> Balls of steel! Chris

To: Jerry Olson who wrote (12631)	5/2/1999 12:38:00 PM
From: donald sew	Read Replies (1) \| Respond to of 99985

Jerry, >>>> as to your post about sideways movement in the DOW or any other index as being negative...i totally disagree with that... <<<< A sideway pattern could also be obviously be a basing pattern, but as I have stated, a sideways pattern after one of the strongest rallys in history should be a plateau period. >>>>> i often wonder what they are seeing reading that i'm not...being TOO technical will keep people frozen in their seats afraid to invest... <<<<< Jerry, you have already eluded to the fact that you take high risks even to the point that you jokingly talk about gambling. Not everyone should be that aggressive and I believe that most are not, since most do still hold day jobs, at least the last time I looked. You probably forgot but I was one of those who had a CLASS BUY signal when the NAZ recently sold off and it was to the date, and those who played it did great, and dont forget I also had the CLASS 1 SELL signal for that decline. I no longer post my trades, since I dont want that to influence others just on what I am doing, but I want share so others can have a better understanding of technical analysis, whether is is short-term or long term. Im just one of those who wave their hands up in the air to influence others, rather I want others to learn an make their decisions for themselves. Few go to the extent that I do at looking at the opposite viewpoint, and I actually turned cautiously bullish for a few days and changed back. But my bearishness did not stop me from calling a CLASS 2 BUY signal. So how is that frozen in the seat, keeping in mind that you did address the note to me, unless you did not mean it towards me, then you should have said so. gggggggggggggggg My ex-wife always said not to get into a debate with me. gggggggggggggggggggg >>>>> the Internet.... knowing full well that the coming expansion of this sector is/was/will be, so amazing it will leave us all breathless...this is the one major area where investors can become millionaires...buy and hold, and buy every major dip, those solid stocks within the confines of this sector..5-10 years from now...we will look back at 1999, and say WOW!!!!!! i'm rich, i'm happy, i'm retired... <<<<< You already know my bearish outlook 5 years out, so lets wait and see how it turns out. Well, glad to have your viewpoint. seeya

To: Jerry Olson who wrote (12631)	5/2/1999 1:16:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 99985

Options Jerry, kind of OT, in response to your bullish opinion on the likes of EBAY and AMZN, I just want to offer some wild ideas. Let us use AMZN as an example, have you ever consider that the concept AMZN is pursuing, as great losses for the indefinite future, is already obsolete? Yes, it may be a more efficient way of delivery than brick and mortar. However, look around the corner, someone somewhere is probably figuring out a way where every author can deliver their books directly to the reader, without ever going through print, possibly publisher and definitely no clumsy AMAZON.COM. Furthermore, a delivery system cannot be worth more than the industry itself. AMZN has already exceeded the book industry by 3 folds. The fact that you can buy a book via the internet is not going to increase readership. Pricline already exceeded the valuation of UAL and Delta. Yes, the internet revolution would probably be greater than the industrial revolution. Consumers would benefit greatly. The internuts will continue to go up, as long as J6P buys with no consideration for common sense. The investment strategy is simple, just make sure you don't win the greatest fool contest and be the last one holding the bag. Just my 2 cents. Ramsey

To: Jerry Olson who wrote (12631)	5/3/1999 12:52:00 AM
From: J. P.	Read Replies (1) \| Respond to of 99985

The internet stocks do represent a creation of wealth that didn't exist a few years ago. But I think it will be found these businesses operate under the same valuation metrics as all other non-net concerns. The medium is different, but an accounting ledger is an accounting ledger. We see this happening in Amazon.com already, where they're hitting a wall, and guiding growth expectations downward. And how, for example, is Priceline.com worth more than American Airlines, Delta Airlines, and Hilton Hotels put together? It's a great trading tulip if you're lucky enough to be in it, but how could anyone have guessed the market cap would go this high? Could just as easily swing the other way....