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Strategies & Market Trends : Moufassa's Lair

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To: moufassa7 who wrote (2354)12/7/2001 12:16:30 PM
From: James C. Mc Gowan  Read Replies (6) of 13660
 
Argentina: yes, last Friday gov't restricted to $1000(US) withdrawals from bank accounts per week; big run on banks,everybody wants their $1000, so 2 days later they bring it down to $250/WK max.
I read that they are using people's pension fund savings to pay the daily debt markers. Sad.

BTW: I misquoted Nasdaq break of 200 day MA this AM; not even close yet. Must have been a short Freudian slip,gggg.

This market is about as exciting as garbage time in an NBA blowout.
I'll continue to look for quicky long and short scalps at fibs, seems to work well in sloppy market.
QLGC, QCOM, BRCM getting hacked, next EMLX, BRCD, NTAP?
We shall see.
James
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