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

To: donald sew who wrote (13049)	5/6/1999 1:45:00 PM
From: Jack of All Trades	Respond to of 99985

TYX.X climbing.... 57.97

To: donald sew who wrote (13049)	5/6/1999 1:59:00 PM
From: KY	Read Replies (1) \| Respond to of 99985

Donald, You have been mentioning AOL as an indicater for the DOT...I have been watching a basket of the leading nets -- AOL, AMZN, CMGI, YHOO. They seem to all be behaving exactly the same...same patterns forming across the board. However, more damage appears to be done for YHOO and AMZN while AOL and CMGI are holding up a tad better. I'm no TA expert, but all of these stocks look like they are just aching to head south below their levels of support. My gut says we just tread water today, telling us nothing, and then tmrw either get creamed due to the report out at 8:30 sending some of these nets down to lower support or 200 dma. It's tempting NOT to roll the dice at today's lows and hope for the best on tmrw's report...we have had inflation fears before only to see that they unwarranted. KY

To: donald sew who wrote (13049)	5/6/1999 2:12:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 99985

Don: It looks like there will be a Kosovo deal soon... This should light a fire under the markets, especially the international sector... Market breadth is mixed... Decliners leading Advancers but New Lows continue to dry up below the 40 level for over 10 straight days... quote.yahoo.com This looks like a normal dip within the context of an up move... Jim

To: donald sew who wrote (13049)	5/7/1999 8:34:00 AM
From: Les H	Respond to of 99985

fabmktbabe.com Running Out of Time Happy Friday! Or, more aptly put, do yourself a favor, turn off your TV and forget about your portfolio for today. After all, with crap sentiment newly appointed to your side, all the hope in the world won't do you any good. Sorry, but that is reality. Which leads to our next question... What turns all of this around? Same thing that always turns it around. Things get too cheap. End of story. However, timing it is another issue. Here's why. First of all, the above shouldn't be all that of a surprise. After all, with all of the markets' cycles, sooner or later there has to be some repetition. As such, with more and more individuals taking control of their finances, and consequently, moving their money out of funds, CD's, out from under the mattresses etc., and moving it into stocks, it is important to realize that the markets are now being governed by a broad array of investors. Which, just to point out, is much different than the past where the markets had been governed by a select number of heavy handed funds. And, while the above may appear a bit obvious, it is important to make note of the following point: With a much larger amount of individuals dictating the swings and sways of the markets, the amount of time between the highest highs and the lowest lows has become much shorter. And that would be because... Everyone is attempting to second guess everyone else out there. For example, take the 'net stocks. Believe me when I say no matter what the current line is with regards to sentiment, there is an inordinate amount of individuals out there that are focused like a laser on picking up the stock they missed in times past at much lower prices. Translation: the combination of short attention spans and one too many psych! rallies has been a bit unnerving. And, while it is all too easy to jump in early in the game when it appears that the cloud of the last few days was just an aberration, if you are patient, and just wait it out, chances are you will be getting much more bang for your buck at year end. So, as this long week wraps up, do yourself a favor if you are feeling a bit trigger happy: stop trying to second guess everyone else and be patient. It will work out, but you do will need some time. As always, enjoy your fabulous weekend