VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Ex-INTCfan who wrote (4553)	9/30/2000 12:24:29 PM
From: Venkie	Read Replies (4) of 65232

I spent a long time last night and this morning inside my heart and head. I am almost ready to turn bullish but the jitters keep whispering in my ear. I am probably going to get on one side of the fence or the other this wknd. I believe there is enuf fear now and thats a good sign. The houses realize that most of us are in the trading groove with them. I say they hv plenty of inventory and may be ready to push it up. We all expect a usual Oct correction and they just might fool us and take us up over 4000 at least. One drop of good news and we're off to the races. Evaluation is still and always be a problem....but thats life.Thursday's little rally was strong and that may be a sign that money on the sidelines wants to move in. I am trying to be patient but my gut says we may be ready to head for 4000....I work for a chip company and we aren't seeing a slowdown at all...I thouhgt we might but biz is full on. I will make my decision b4 monday on whether I am ready to dig in or head for the hills..Digging in is what I am feeling at the moment.Dell...Msft...Lu...Wcom...Csco<?> and Intc have been corrected and may draw some buyers..They hv enuf shs outstanding to take the mkt higher. Once the momo starts then the rally we saw thurs could be an example of how much strenght is on the sidelines. I actually bot a few shs of Elon on friday under 30...The baby future mkt leaders..JNPR..EXTR..JDSU..BRCM..PMCS..NTAP.VRTS...GLW...ect ect will reap the rewards if a rally takes place.I am going walking with my puppy Nasdaq and I will see if he knows anything..He is still too young rely on and CHEWS WAY TOO MUCH but maybe his stock picking gifts has a tip for us<gg> Am I joking ??????Inquiring minds want to know..So does my theropist...We will find out the truth when its time to pay the taxman in April<gg>

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