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

To: bobby beara who wrote (13490)	5/10/1999 10:50:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

Bobby, i agree that the way the internet stocks handled themselves today is encouraging for the short term. remember i posted yesterday that i was really worried about the 'net stocks and that we needed a few deals to get things going again. well that's what we got today. furthermore several advisory services recommend any rally attempts by the internet stocks to be viewed as a selling opportunity - which is even more encouraging. and your argument that awareness of the 9-month cycle may have invalidated it sounds quite plausible to me. we'll see if the 'net stocks can continue to show some strength. after all i want my blow-off top and how am i going to get it without them? regards, the zoo keeper -g-

To: bobby beara who wrote (13490)	5/10/1999 11:15:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

bobby: Looking at the nya/compx composite, 1998-1999 is looking a lot like 1986-1987...obviously there are some differences, but there are a lot of similarities as well... If that pattern plays out...maybe a little more correction before one last leg up into Oct... Regards, LG