SI
SI
discoversearch

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: Yogizuna who wrote (12809)5/4/1999 11:47:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Yogi,

I believe there is a correlation between the DOW and the INTERNET, only to the degree of money flow. for about 3 weeks already, when one goes up the other goes down. Its right in the charts. If it only
happened a few days, well then it was a quirk, but this has already been going on for 3 weeks, so I believe it is more than just a quirk
or coincidence. Sooner or later, it will end.

The ping-pong ball is continuing to bounce today. This time the INTERNETS/NAZ are up and the DOW/SPX down. No big deal.

seeya



To: Yogizuna who wrote (12809)5/4/1999 12:52:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 99985
 
Yogi, i agree with Don. Given the current inverse link between the internets and the dow, what we may be witnessing is a maturing of the internet sector. The 1000% advances in which many of my stocks participated over the last 18 months will not be sustainable going forward. Hence we are beginning to see them behave more "normally." Still expecting 100-200% increases in my holdings over the next several months, but the tulipomania days are over. Of course, the fundamentals of the internet revolution remain in place. fwiw.

Rob