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

To: Voltaire who wrote (10366)	10/30/2000 7:16:48 PM
From: DepyDog	Respond to of 65232

From NetBull's: Whew! We survived October...almost. Tomorrow marks the last day for the fund managers' tax-loss selling for the year and hopefully, the end of the undue market pressure and volatility that accompanies it. I see relief for the market as the pressure valve is released. My gut feeling is that we can now go forward into a more substantial rally to close out the year. Not wanting to over-emphasize the use of protective stops, I would be remiss if I did not re-iterate their critical importance. I have recently received several emails from investors feeling the financial pain from hammered tech stocks. Although the darkness of the September/October downslide has devastated some trading accounts, do not allow it to dampen your spirits. Dawn is just around the corner as evidence of a solid bottom continues to unfold daily. As traders in an extremely volatile market, we must exercise agility as we enter and exit this choppy market. Choppy markets can chew you up and spit you out; I urge you to protect yourselves as holding a position too long can have disastrous results. Preservation of precious capital is my highest goal as I wait for the market to complete the bottoming process and for the up-trend to emerge. A little patience now can reap big rewards later. Aaron Sutherland Assistant Editor **************************