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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (38728)7/9/2001 11:21:29 PM
From: Sully-  Read Replies (1) of 65232
 
Hi RR,

Thanks for the kind words. Unfortunately, my GP pretty much told me there's loose cartilage in the knee among other problems. There might be permanent nerve damage too. The knee clicks when it is flexed, so there must be a fair amount of loose stuff :-| It is almost always giving me grief. I can't exert it much without swelling & pain. If I pivot on that knee, it is very painful. Heck, it hurts even when I sit if it has only a bit of pressure on the knee. My main concern is the numbness though. That may be a permanent situation. I think that surgery could fix the other problems.

RE: the NAZ....... Yes it is showing mucho resilience in holding 2000. Heck, look at the warnings tonight & last week. A second half recovery is looking less & less likely, yet the futures are up even now.

I'm still not convinced that we do not test the April lows though. I just can't get past P/E expansion due to earnings falling drastically. No way can I justify higher share prices at the same time. Perhaps we will be range bound, but I don't see the NAZ sustaining a significant up trend.

Like you keep saying, 'What's going to prop the market up?'.

Ö¿Ö
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