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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (3009)	9/22/2000 11:44:40 AM
From: Voltaire	Read Replies (2) \| Respond to of 65232

Will buy more this afternoon as the HOUSES take the Naz down to around 160 to 180 on the close. They are not fools. They will suck the shorts in big time. V

To: Voltaire who wrote (3009)	9/22/2000 11:49:00 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

expect in next 3 weeks for Fed to offer signals of movement to a rate easing posture !!! Europe is in deep trouble today the USTreasury announced we will participate with European central banks to support the pitiful Euro currency this is significant since for months if not years we have supported a strong as hell US$ significant because Fed rate policy MUST BE COORDINATED with currency positioning if the Euro rebounds somewhat, that will be good for exporting US firms and their stocks if the Euro recovers sharply, that will NOT be good for US stocks generally, since it will undermine foreign held US assets after translating back to their home currency we just need the Euro to get back to its status quo "walking like a sick old socialist dork" a view from the jackass tree just a matter of time before the Fed begins to ease on rates something like 2-3 months they will not do anything until after the election I see that event as an obstacle to get past fwiw, Jim