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


To: t2 who wrote (15271)11/13/2000 9:11:08 AM
From: Voltaire  Read Replies (3) | Respond to of 65232
 
This is washout day. I still say as I did on Sat., we CLOSE no lower than 150 points lower than we closed on Friday or no lower than 2744. Houses will not allow it. You will see stabilization at some point today but mainly we go no lower than the above figures. Fidelity and other institutions step in and we get our President one way or the other by this weekend.

Market turns up big time next week or before.

Voltaire



To: t2 who wrote (15271)11/13/2000 9:32:16 AM
From: D. Swiss  Respond to of 65232
 
t2, I agree with you on GTW. Their bottom line is moving more and more away from the PC business and relying on non-PC system revenue and earnings (similar to the cell phone business). They are selling the PC's at low margins to get to the high margin business.

:o)

Drew