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


To: lurqer who wrote (8055)10/14/2000 2:34:26 PM
From: lurqer  Read Replies (3) | Respond to of 65232
 
As I´m now on vacation (currently posting from a library computer), my posts will be less frequent (probably just as well).

Current market view (best guess scenario) is still the same scenario I posted in Sept. - i.e. we´re in phase two (fear) of a bear correction. We may (or may not) have seen the market lows for this phase, but I believe we´ve seen the lows for many of our favorite stocks for this phase. ´Course I could be wrong!

In any event, the scenario presented earlier would anticipate a rally (it may be sawtoothed like the summer rally was punctuated by the last half of July dip) of a few months. Subsequently, the capitulation phase has yet to occur. So watch that margin.

All to be taken on a FWIW basis.

Good luck to all.

lurqer