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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: freeus who wrote (20771)11/29/2000 6:35:22 PM
From: Justin C  Read Replies (1) of 65232
 
someone else will warn and the same thing will happen

The drill seems to be that we get an after-hours warning followed by a sell-off the following morning followed by a recovery in the afternoon. This happens over and over until the actual earnings reports begin and most of those are positive, and the net effect over an extended time period is a higher market. But, of course, there's nearly always something in the air that makes us fearful that it will be different this time, and that's when it's helpful to listen to Voltaire and other wise voices of reason on SI and elsewhere.
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