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

To: stockman_scott who wrote (18250)	11/20/2000 8:06:30 PM
From: Boplicity	Read Replies (2) \| Respond to of 65232

200 to 600 points down if 2800 doesn't hold. Talk about the despair in the market if the NAZ went to 2200. I would be beside myself if that happen. I keep looking at the market as being oversold, then I look at the valuation of CSCO, JNPR, CIEN, on and on, and then I see that more work needs to be done on the downside. What worries me is ORCL like conditions will being extended to the rest of the market. Call up chart of any of the recently high flyer, or for that matter, MSFT, there is so much room left to the downside. It's suicide to buy tech stocks with three digits in them even if the fundamental picture is solid. Greg