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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Murrey Walker who wrote (40105)8/9/2001 1:07:03 PM
From: Jim Willie CB  Read Replies (3) of 65232
 
I sincerely doubt 1900 will hold on Naz by endSept

people here mocked the Clown Killers last week
or perhaps the previous week
because INTC was running up?

as LimtexMan says, it is timing now
people with little economic knowledge or experience simply think that Fed cuts will result in knee-jerk recovery

they will think so until they no longer have any money
better said, they think so at their own peril
the economy is weakening each month
the Federal Reserve finally sees it, and rightfully admits it
investors see it as a buying opportunity

my simple meter says "selloff ends with CSCO at 9.5"
and maybe also "with INTC at 20"
/ jim
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