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


To: marginmike who wrote (20047)11/28/2000 12:24:10 PM
From: Voltaire  Read Replies (1) | Respond to of 65232
 
Hi MM,

long time. So call me a bottom.

I call 2700.

V



To: marginmike who wrote (20047)11/28/2000 12:38:59 PM
From: limtex  Read Replies (2) | Respond to of 65232
 
mm- And everyone has a go at me for being negative??

Still you have been consistently right and now as it looks like we are making anotehr big ratchet down it occured to me that:-

1. No stopping of the slide till Me G eases up

2. In the meantime there is no way that the NAZ can hold a level that is higher than it was in late 98 when the economy was booming. Now that we are heading into a recession it can't be logical or practical for the NAZ not to slump 30% to 40% below the dec 98 level ie to 1,200 to 1,400.

3. Mr G won't ease up till it gets to that level. Why on earht should he?

Best regards,

L