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To: Don Green who wrote (54583)9/21/2000 8:21:39 PM
From: Voltaire  Read Replies (1) | Respond to of 93625
 
Hi Don

NOT TRYING TO HORN IN OVER HERE. I FIND YOU GUYS TOO BRIGHT FOR ME BUT I DO ENJOY YOUR THREAD. Just feel that the first couple of hours should present the greatest sell off.

V

VoltaireTo: Dutch who wrote (2790)
From: Voltaire Thursday, Sep 21, 2000 6:26 PM ET
Reply # of 2811

Well well gang,
As I have been saying the last two days, everything being equal with the Fed and there being no Catalyst, the market will still proceed forward. Well guess what? There still is no REAL catalyst, only a SEMI CRISIS. Yep, I know, poor little old Intel is only going to have margins of 62% as opposed to the 63 to 64% they had given as guidance.

The joke will be on the poor souls THAT ONCE AGAIN PANIC AND BAIL OUT OF STOCKS because the MAJOR HOUSES will not.

RELAX -

All we have here is a high profile company that is required to state whether or not they may miss a smidge on their multi BILLONS of Revenue and margins for Christ sake.

Yes, it will effect the markets BUT NOT NEAR AS BAD AS THE PSYCHOLOGICALLY IGNORANT THAT I HAVE BEEN READING ARE SAYING.

So, what do we have to look forward to tomorrow:

1. Without the Houses, we would have at least a minus 500 point CLOSE on the NAZ tomorrow.

2. As a result of the wonderful relationship that we have with our friends the HOUSES, we will probably see a intra day range between a minus 250 and 300.

3. By the end of the day I feel the Houses in order to arrest the panic will bring the Naz back to finish down between 150 and 180.

4. There will be a slew of NOT SO NEGATIVE spins on INTC and it's warning that will be the main CATALYST for holding everything reasonably together.

5. Oil prices will decline some

6. Euro will strengthen

7. Meeting on EURO with clandestine participation by U.S. this weekend.

8. Monday - positive spins continue and begin our recovery with THE HOUSES AND SMART BUYERS PICKING UP UNTOLD BARGAINS.

9. The TIME TO BUY WILL BE THE FIRST TWO HOURS TOMORROW.

10. I will be buying the following - EXTR, QCOM, RMBS, and INTC.

Obviously the HOUSES did not bring about this little piece of news but you can bet your sweet butt they are meeting at the moment to ascertain exactly how they should proceed in regards to enhancing and protecting their inventories.

This is one of those rare opportunities where even the average Joe will be able to say " I was digging in the trash pile and underneath, I hit Gold ".

It is imperative to remember:

1. The Houses are your friend and you will witness exactly why tomorrow.

2. THEY NEVER DESTROY NOR ALLOW ANY OTHER ENTITY TO DESTROY THEIR INVENTORY.

Selah,

Voltaire