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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Jane4IceCream who wrote (37468)5/7/1999 11:52:00 AM
From: backman  Read Replies (3) | Respond to of 90042
 
FWIW:
the software i use for net trading signaled AOL short yesterday, but it's
wrong more often than it is right...practically a contrarian indicator... AOL didn't get where they are without confronting and SUCCESSFULLY overcoming obstacles....this time it's the cables...lets see what the RBOC do with internet access... i recall when T wanted to buy AOL for $400/share. Of course, that was well before AOL ran-up to where it's been of late. With stock valuations where they are, they are a tricky currency...partnerships (T/MSFT) work

CMGI, AMZN, YHOO: all had ~50% corrections early this year...
how soon we forget.
My "hunch" is that this round of sell-offs is practically over.....and, im remembering not to "guess" the bottom (so far)
david