VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dalin who wrote (32171)	3/1/2001 4:23:01 PM
From: im a survivor	Read Replies (1) of 65232

Not happy with the close....as I said on friday, this will not be close to being over until we have a major washout and capitulation.....until then, these are just sucker rally's......I can honestly say I am at the point where a day like today does not make me happy seeing green....just like last week when we were down big an reversed to close green, I said it was a fakeout....just like this. Just gonna trade in a range or go downward until we washout and begin uptrend. i will say that as we approach 2000, it does seem to want to hold. Will it? I have no idea, but certainly at 2000 many shorts will begin to cover and some of this sideline money will hit the market....so maybe we stay above 2000...if we do, we will be rangebound more then likely with lots of false rallies...I think to really get this over with we need to bust thru 2000 and have major capitulation....as it is, this is nothing but a traders market and statistics prove tarders lose more then they make..........was hoping this would be washout week for naz, but these fake rallies make it tough......open up tomorrow, but will sell down later in day.....JMHOOC

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