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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (20726)	5/7/1999 2:03:00 PM
From: mattie	Read Replies (1) \| Respond to of 68005

I think you're on to something. On another look of AMZN I decided to pass on the buy. I agree with you on the time of the year - but it seems so routine that everyone expects it. But the bond selloff does concern me..... One of the reasons I still have a glimmer of hope for this market even though the indexes have done so well for so long is that..only the large cap indexes have done well. Most stocks have not performed well over the past year or so. I love watching the reprters on CNBC and elsewhere saying how overpriced the 'market' is. In fact, its only a handful of stocks that are skewing the averages twords a high valuation. The average stock is not that overpriced. This is why I am short the indexes and long select stocks.....any way just my thoughts.