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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Venkie who wrote (19698)11/27/2000 8:28:25 AM
From: Voltaire  Read Replies (2) of 65232
 
Yes,

your bottom pretty well held. I still feel good about the year end rally up to a point.

DO NOT EXPECT TOO MUCH TODAY BECAUSE THE MARKET NEVER DOES WELL ON A SUSTAINING BASIS WITH SUPPOSITION HANGING OVER IT'S HEAD.

I expect the Houses to allow the market to advance gradually not explosively.

I see three points of bright light.

1. When Bush is the Official President

2. When the Fed changes it's stance

3. Jan 2nd

A couple of Negatives

1. As mtnlady pointed out - The perceived uncertainty of the Electoral College Vote.

2. Year end Tax selling.

THE POINT -

The Houses will adjust manipulatively to all of the above.

Voltaire
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