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Non-Tech : The Critical Investing Workshop
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To: marginmike who wrote (1416)1/27/2000 12:48:00 PM
From: Voltaire  Read Replies (7) of 35685
 
I hope everyone is watching. You are going to witness an elongated correction supported by the retail investor and orchestrated by the Houses. This morning is a classic example of what you are going to see over the next few weeks. Does anyone actually believe that the Houses were buying Dell this morning? Don't believe it for one minute. I told Jim Willie last night that if we end the day down on the Naz it will be another sign of this slow calculated " sell into the strength type of correction ". For about the next four to six weeks you are going to see the Houses make the retail investor feel as if the market could reverse at anytime and in the meantime they will be selling into the strength of these headfakes. Anyone notice how meaningless the lower bond yield is?

This was what you have witnessed so far today. All indices up and then gradual deterioration. Still say about $110 on Qcom then I'll reload the boat.

Voltaire
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