VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (20433)	11/29/2000 9:55:38 AM
From: limtex	Read Replies (2) of 65232

Vol - I hope you are right but its the last hour or so when people start the massive selling waves. There is nothing, absolutely nothing to maintain the market at anywhere near these levels. You need keen buyers for that, lots of them and fund managers and institutions. Is there the least sign of these guys buying at the moment? Isn't it the case that they are getting out wholesale? Furthermore ordinary people are getting scared stiff and dumping just to be rid of the daily reductions and that is inncreasing. This morning on CNBC some manager who says more or less no chance of the Fed easing. He said unemployment was what they reacted to and not much else. No Fed then down we go. Best regards, L

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