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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (37776)6/12/2001 10:01:26 PM
From: RR  Read Replies (2) of 65232
 
Tim: The ole Naz has shown surprising resilience lately. The opportunities have been there for it to turn tail and run, and it hasn't. Just look at the past few trading days. Not a lot of sellers runnning for the door with their hands in the air even with some bad news, continued warnings every day, etc.

Could the ole Naz just make a break and run?

YES!

I agree that the technical indicators point more toward down than up, but the square rooters have been wrong. And, frankly, I am cautious about next week once expiration is behind us.

Now let's see...... hum...... favorable MSFT decision, and

BOOM-i!

RR Hammer time!

Just thinking aloud.... just thinking aloud..... favorable thoughts..... favorable thoughts.....

RR
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