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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (6812)10/9/2000 10:04:51 PM
From: RR  Read Replies (1) of 65232
 
Hi General! Have not talked to you in awhile. Any bulls still on here? Hope you are doing ok.

I read a post that Battipaglia revised his forecast down. Well, I can understand that. Like I said a couple of times in the past week to 10 days, realistically, Naz 5000 will be a challenge from here, a stretch. However, it can be done. I still think we will come roaring back before year end. Folks maybe should take a look at how much the Naz went up from this time last year to the first.

Also, I sort of smile when I read all these folks that have been saying Naz 2800 or similar in their doom and gloom posts, yet they have not taken any action themselves to protect capital, like go to cash long ago, or buy puts, whatever.

I've been putting my money where my mouth is and buying. Little here and there. Am not going to wait. I'd suggest others take a hard look at entering some positions on quality stocks, especially the fiber optics sector.

Still a bull..... MOO!

RR
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