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 (37813)	6/14/2001 1:21:58 AM
From: Sully-	Read Replies (1) of 65232

Hi RR, I'm in limbo right now. Mostly cash. Lots of stuff looking oversold right now. Lots of H&S patterns being built. More warnings after the bell, but nothing too serious. Put/Call ratio back near bearish levels @ 0.59. Still a fair amount of hope from the bull camp, but the bears are sounding real confident too. We could see a bounce in here....... or there could be more selling...... IOW indecision....... for me anyway. I held back today. I'll be watching & waiting for a clearer picture before I make my next move. Like you keep saying, you don't need to be in the market every day. It's times like this when I make my biggest mistakes..... trying to force something to make a buck. Looks like you think there's a little bounce coming near term, albeit not with much conviction. Take care, Ö¿Ö

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