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


To: Boplicity who wrote (17215)11/17/2000 11:54:42 AM
From: freeus  Respond to of 65232
 
reIf stocks like orcl and intc continue to move lower then we have something different on our hands
A recession?
A longer bear market?
Good reason to hold cash and pay off debts and wait to know what's REALLY going on, yes?
Freeus



To: Boplicity who wrote (17215)11/17/2000 11:56:23 AM
From: Voltaire  Read Replies (2) | Respond to of 65232
 
There is one ray of hope in here today and that is why I said I feel we will rally this afternoon.

I have found that before any expected huge Psychological event, the Houses tend to take the Naz down orderly in order to further position themselves for this event. My faith in the Houses is what I feel may save us.

We will see.

The Houses must reenter here at some point or I am totally wrong about them. Houses cannot sustain a market but they sure as hell can turn or bolster it. I am not worried about going lower in here just need to move up.

This afternoon will tell us a lot.

V