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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (13128)11/8/2000 11:30:45 PM
From: djia101362  Read Replies (1) of 65232
 
RR, but it doesn't seem to matter that companies like GLW, JDSU, SDLI, all had some of the most bullish reports.

Wall St is consumed with this telecom capex slowdown and right now they are clobbering these stocks. I'd like to think it will pass but certain analysts seem to continue hammering this point across every opportunity they get on the air.

I've got more SDLI than I should right now I really don't feel comfortable swapping stock for options. I've been telling myself that once we get past the election everything would be ok but guess what, it's not.

You could argue that we're not past the election yet since the results aren't official but the vast majority believe the recount is a moot point, Bush will be President.

The market just feels bad right now and I know things can turn on a dime but every single attempt at a decent rally is met with more selling.
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