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


To: Jim Willie CB who wrote (7086)10/10/2000 9:07:24 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
JW - What rally? Why should anyone or any fund or house want to buy stock now?

Show me one person on CNBC or CNN who confidently said they wanted to buy a stock. They didn't. They cam with all sorts or prevarication when the interviewers asked them about YHOO or MOT or other stocks.

They can smell a disaster and they won't be back for years. The market is telling us there is the mother of all recessions around the corner and we sit and fiddle while Rome burns.

There are no material buyers.

That is the be all and end all.

Best regards,

L