VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (24562)	12/12/2000 11:27:43 PM
From: Jim Willie CB	Read Replies (2) of 65232

need momentum to run thru Naz3000 (Naz Futures +60) resist by 30MA, TG reversal, downtrend channel upper boundary, psychology of "000" it can be done we need solid unified stimulus Fed might provide it another impetus would be Houses and analysts "seeing past the chasm" I refer to expecting a revival of earnings in 2nd half y2001 how ugly earnigns might get in 1st half, dunno I wanna see that resistance broken then we can expect to see massive short covering again I tend to think Naz3000 is a wall, a tough wall sure would like to see a reversal V-shape to unfold, not likely though / Jim

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