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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (21625)12/3/2000 12:28:42 AM
From: Boplicity  Read Replies (2) of 65232
 
re: <<However, both believe the bottom will be either the 2500-2600 range or, if the NASDAQ breaks support below 2500, the bottom will be 2000-2100. Harry S. Dent would be an aggressive buyer in the 2100 range "regardless of the news". If the NASDAQ does not descend to the 2100 level and give a clear "BUY" signal, he would "wait for a strong reversal back up and a follow-through rally within 4 to 7 days that shows a strong gain on rising volume." >>

This exactly what I want to happen, but with a twist. I feel some stocks will bottom before other, so I'm not waiting till we get a clear signal. Furthermore, the market could end up in a long sideway period, so I'm not committing large sums just yet, but I do feel we are getting close, maybe another 10 to 20% more to the downside.

greg
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