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

To: marginmike who wrote (20059)	11/28/2000 12:44:02 PM
From: Percival 917	Respond to of 65232

Hi MM, Good to see you back here. I have appreciated your views as much as any. I am hoping V is right, but my gut is telling me closer to what you are thinking. In any event I am keeping my cash on the sidelines a bit longer and should the market turn around and I miss a bit of the upside, so be it. Don't be a stranger, Joel

To: marginmike who wrote (20059)	11/28/2000 12:49:10 PM
From: limtex	Respond to of 65232

mm how do you justify 2,200 at this time when when we weren't in an incipient recession the NAZ was below 2,000? It surely can't bottom till 30% to 40% below that level? Further this is no ordinary correction. We had the biggest run up in history and this except for you is the musical chairs bit when the music stops. We are going to get clobbered and badly. Too scared to get out is what does it. The market always takes it all back. Best regards, L

To: marginmike who wrote (20059)	11/28/2000 12:50:43 PM
From: Voltaire	Read Replies (4) \| Respond to of 65232

Well, your opinion is certainly respected. I do not see the fear in the market from the POWERS THAT BE, if we had that, I feel we would see the 150 and so forth yoyo action.. There must be a catalyst and I only see one for a stagnant market not a further declining one, THE ELECTION. GRADUAL DETERIORATION AS A RESULT OF LITTLE UPWARD PRESSURE and Houses and institutions can step in anytime to control that and I say they will if we get to around 2700. we will just have to see. V