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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (22619)12/7/2000 2:35:47 PM
From: jcky  Read Replies (2) of 65232
 
Greg,

The Nasdaq has not broken its bear market trend. All one can conclude is that this may be an intermediate bottom for now. Like I've said before, there may be another round of brutal selling in the Nasdaq next year.

Keep an eye on the US dollar and waging pressures. These are the constraints influencing Uncle Al and the Feds' ability to bail out market participants again. This is far from over.

Regards,
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