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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: lindelgs who wrote (9676)10/25/2000 8:54:33 AM
From: Voltaire  Read Replies (3) of 65232
 
Up pretty early my dear,

TODAY'S MARKET IS BULLS---!

1.HOUSE's MM's take market down early to grab shares in the last remaining lucrative area left - Optical Component.

2. Should last about an hour.

3. House's do not want this market to stay down but they do want shares in the Optical Arena.

4. Do not expect the Optical Arena stocks to bring market back too much UNTIL EARNINGS ARE OUT ON JDSU, they will use the BALLAST stocks, MSFT, INTC, CSCO etc. to keep things steady and totally from going to hell.

5. Friday should prove to be a good day and we head toward the Election next week probably with Bush leading.

6. Just an opinion but I see $72 as a Gambler's bottom on EXTR and $75 as Gambler's bottom on JDSU.

7. HELL OF A BUYING OPPORTUNITY IN TODAY'S FIRST HOUR.

SUMMATION - Houses want market's to continue upward and we will by Friday and next week should be strong.

Voltaire
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