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

To: Boplicity who wrote (5488)	10/4/2000 11:41:54 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

Ralph Bloch of RayJames makes a couple good points first, he notes a few stocks have not been hurt with warnings notably Computer Assoc is slightly up today after warning a few other stocks traded even after warning in recent days good sign of a bottom then he paints two scenarios --1-- stablize here, then recover into a nice trading rally (that means it gets choppy with selling for profits) then proceed with recovery and resumption of uptrend (read: double bottom) --2-- capitulation climax selloff, followed by long sustained rally over weeks or months (flush out sellers, getting it over with) I tend to see scenario#1 unfolding too much slow bleeding here with optimism for Q4/yearend bear in mind that Bloch is a perenniel bear but his TA skills are rather sharp / Jim

To: Boplicity who wrote (5488)	10/4/2000 1:51:17 PM
From: Gregory	Read Replies (3) \| Respond to of 65232

I wish I have money to buy now. There are a lot of good things lying on the ground now in the dust. But the layer of the dust is very thin and will go away when the next time the wind blows. It does look like a storm but it is just the way the climate is lately. Changes very frequently. From rain to sunshine and back. All the talk about the lack or excess of the chips or computers has nothing to do with it. People always have a tendency to find explanation for the events happenning in the nature. There was an explanation that the thunder exist because one of the Gods is riding the cart and that makes a lot of noise. So, if you did got stuck in the mud, just try to stay afloat. The mud has water inside. To make the water to flow in opposite direction you need a lot of pumps, dams, etc,etc. These things are very expensive, and difficult to build, so nobody ever does it and if they do, they usually can not succeed. Anyway, next time the wind comes it will blow it again. So just make sure you can breath. The rest the water will do for you.