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

To: Voltaire who wrote (16346)	11/15/2000 12:01:52 AM
From: t2	Respond to of 65232

Voltaire, Tomorrow looks like a 100 point plus gainer on the Nasdaq. Sycamore and ADI will offset any NTAP weakness as the first 2 address the spending slowdown concerns. This might push the bias to buying even more. Greenspan is going to be the concern but I hope we don't rally big into the interest rate announcement and instead have a big move after their decision (no changes expected). People were testing the market late afternoon to see if would sell off given the uncertainty late in the day when Gore's people starting to interpret the court decision as favorable to them (wrong). The way the market held up during that time was the key to me and sold all of my puts (bought for a daytrade) that i had bought a hour or so earlier with a small loss. The market is just ready to take off. A big earnings report from AMAT tomorrow. Hopefully, they give the market the all-clear signal. They only need to meet estimates and maybe alleviate concerns about the semiconductor cycle ending. Getting very bullish. BTW--The market is going to see the deadline for 2 pm from the state attorny as a good sign (in addition to the earnings today). Nasdaq futures in the morning should confirm this. I usually don't take the night time future that significant.