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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: country boy who wrote (2745)12/1/2000 2:29:02 AM
From: Alan C. Zezula  Read Replies (3) | Respond to of 4564
 
Anybody home???

Unfornately this is always a bad sign when no one has posted here for awhile.

I HOPE Thurs. was a st capitulation. It didn't feel quite right, but had potential. NAZ vol. was 2.7 billion second largest on record and it held Art Cashin's line in the sand above 2,550, and it came back from -180.

I know I might be grasping but like the Phoenix I hope the remnants of my port. can rise from the ashes or else I can conjure up one of my world famous "dead cat bounces".

I know one thing AG sure can without a doubt in my mind declare the "wealth effect" OVER!!!!

Since March 10th. 3.3 TRILLION DOLLARS HAS DISAPPEARED FROM THE MKT. CAPITULIZATION AND 1.7 TRILLION DOLLARS IS GONE SINCE THE ELECTION with the NAZ losing 22%. The latter occurred in just TSO's and my accounts alone <GG>.

Thoughts anyone?????

Al "the indigent"