VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stomper who wrote (20394)	11/29/2000 11:11:19 AM
From: Dealer	Read Replies (1) of 65232

STOLEN STUFF--Yes it is! I don't care for playing short. But I dislike losing even more. And at this point in time, it is looking likely that we are in the 3rd day of a 4DML. . . meaning the worst of today will happen in the final two hours. . . and the worst of the week will be late tomorrow afternoon. If this plays out as I am betting, then we could get a pretty severe capitulation bottom late tomorrow afternoon. . . and likely start our recovery. Though we still need a catalyst to bring confidence back into these markets. The Individual Investor is either turning short or is giving up. The really sad news is that the hedge funds and Po' Boys are sitting on the biggest pile of cash they have had in years. . . and they know that many great tech stocks are at good value prices now. . . just as we knew that they were overinflated last year. Rande Is

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