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


To: Voltaire who wrote (7054)10/10/2000 8:41:16 PM
From: SecularBull  Respond to of 65232
 
This in and of itself, is an indication that a bottom is near. The news is already priced into the Market. Yes, it can move lower, but my thought is 'not much lower'.

LoF



To: Voltaire who wrote (7054)10/10/2000 8:47:34 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
Vol I'd love to believe that the Houses actually sit and co-ordinate the market but the ides just makes no sense to me.

I think they have no more idea what to do than hte rest of us! They do put out downgrades however and upgrades and they have clients and institutional funds they can influence but my guess is that they aren't co-ordinated. They are as ramshackle as anyone maybe more so.

Market sentiment is gone and maybe for a very long time. The NAZ may never in our lifetimes return to 4,000 becuae too many people just want out and look to their losses to be made up and then out.

We are inthe greatest crash in History and I guess each of us will confront his fate inthe next few days.

Still look forward to your posts though.

Best regards,

L