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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Zeev Hed who wrote (2917)	1/7/2001 5:41:51 PM
From: Henry Volquardsen	Read Replies (1) of 3536

I'm still in shock that my portfolio was actually up on Friday. Trust me this was definitely a counter trend event :). I wouldn't be surprised if we get a rally either. We are agreeing again and if some of the others agree with us we are probably in big trouble :) Longer term I am not trying to call a bottom. You may be right that we have not seen the low. In fact in certain sectors I probably strongly agree. My own sense however is more time oriented. Whether we see a lower low or not I suspect we will see it in the next three to four months. But I do think we will see a lot of volatility for the next quarter or two so while last week mat be on the extreme end of the spectrum we will see a lot of similar action. Henry

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