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


To: bobby beara who wrote (13795)5/14/1999 8:01:00 AM
From: pater tenebrarum  Read Replies (4) | Respond to of 99985
 
Bobby, you're quite right, today's action in the internet stocks was dismal. either we see some serious buying soon (perhaps monday?) this may get ugly. what's needed is another catalyst, a merger or something. extreme caution is advised. ibm looks like a possible short term shorting opportunity; it's very overbought and nobody wants ibm puts, they're giving them away.

regards,

hb