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Strategies & Market Trends : Trader J's Inner Circle
NVDA 186.59-1.9%Nov 17 3:59 PM EST

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To: Softechie who wrote (38844)12/14/2000 5:57:25 PM
From: LTK007  Read Replies (2) of 56535
 
2000 in 2001,i still see, but those Eliot Wavers have me thinking we are going to have one more "Bulls Last Stand" run up,and Greenspan will likely be lighting that fire with somehow signaling an interest rate cut will happen in January.( however i do NOT think interest rates cuts will stop a recession,and that is what will set-up a capitulation later on,in 2001--all this is wild-ass guessing:)
As for capitulation now? i simply don't know, offhand,of a capitulation, taking place in December through January.
but like you say,Margin calling factor is a loose cannon here---one never knows.max
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