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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: CAtechTrader who wrote (25390)12/15/2000 3:06:21 PM
From: im a survivor  Read Replies (2) of 65232
 
Curiosity......

You are buying calls, yet you don't think we will get a rate cut and we will further sell off....and then come back.

if so, why buy now?

Just curious...trying to figure out this damn market

One thing I notice is I dont think I have ever seen sentiment this bad. Sure we always have capitulation and folks throwing in the towel, but those are during normal typical corrections. This is anything but normal, but I do notice so much more of a negative tone and a whole lot more folks selling....folks that normally are as bullish as they come. Could this be an indicator that a bottom is indeed near, or is it more telling and instead of being contrary, is it the real deal and is naz 2000 or below a distinct possibility?

Keith
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