VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (11164)	11/2/2000 1:21:00 PM
From: Clappy	Read Replies (1) of 65232

Wazzuuuuup Dubya, Looking at charts for the Dow and S&P, they're beginning to appear over bought and ready to blow off some steam. Then looking at the Naz, it appears to have covered the gap in the 4410 area. Now some of the houses are throwing downgrade grenades. I'm wondering if it their attempt to keep the money from the Dow and S&P out of the Naz. If they can get the Naz to lose momentum, all three markets could come down together. How far? I dunno... We are out of October, so I don't see a reason for pulling the markets down again. The doomsdayers are saying this will give us the tumble that the markets deserve. They are still over inflated in their pinheaded narrow minds. I don't buy it. I'm puzzled though, as to why the downgrades are still showing up. Simply to keep the money out of the Naz? Trying to apply the combination of TA to Voltspeak isn't easy... I just can't figure out any other motivation for these downgrades. -FarginBastage

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