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


To: Jim Willie CB who wrote (6560)10/8/2000 1:44:04 PM
From: Dalin  Respond to of 65232
 
it wont take much to turn Naz around
just a little dose of reality


This seems to be such a no brainer these days. (maybe thats the problem) Sept and Oct...no buyers...only sellers...the market goes down.(duh)

Why?

Everyone knows it!

"Dont buy in Sept or early Oct......we'll get better prices in late Oct" I hear it every year!

And the media hypes it up BIGTIME! This year its the BIG E's. Energy, Earnings, Euro, Employment....always something for them to put a scare into the market with, every year!

Then they say we need capitulation before we head back up. If were gonna go back up, why sell now? Kind of a self fufilling prophecy.....except maybe this time to many investors know better, and so we may never get capitulation.

I'm buying tomorrow and the next day and so on and so on.....as long as they keep bringin it down. Their gonna have to come up with a really BIG scare to get the capitulation this time. IMHO !

This market is like a coiled spring. You know everybody is waiting for the sign now. Where is the bottom? To late to sell now.....only waiting for the time to buy! Then up we go! Where else is all that money gonna go? Just sittin there waiting. <g>

BWDIK.......Forgive my ramblings.

:0)

Dalin@nobrainers.com