VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (36863)	5/13/2001 6:16:06 AM
From: limtex	Read Replies (1) of 65232

RR - there is just no conviction. The slightest excuse and the market continues to tank. The comparison chart of teh Naz and the Dow i 1929 almost mirror eachothre. There is an awesome chart showingthe parrallel mivement of the two indexes on the Clown thread. What we have been seeing for the last year a bit are bear market rallies some of which are spectacular but they all end quickly and are followed by lower lows. Meantime we all believe it has bottomed. I have been a follwoing that for over a year, each time convined that it is now over but it isn't. I posted latt April and May that Mr G was going to do this. I just didn't have the courage of my convictions. People said I was being too pessimistic. Whats gone is gone. Next year well who knows. As it stands today I haven't seen one compnay that has any serious visibility and I guess if there had been the market wouldn't be doing what it is. Even QCOM has finally succumbed to lowered expectations for this year. Still at least SI and the Porch is still here. Best regards. L

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