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


To: HairBall who wrote (20905)11/29/2000 10:33:42 PM
From: Voltaire  Read Replies (4) | Respond to of 65232
 
Only reasoning left - YOU BUY A DOWN MARKET AND SELL AN UP MARKET.

This is a DOWN market - You buy it.

If it rises - SHORT TERM OR LONG TERM - you sell it.

NOTHING ELSE MATTERS.

People are talking themselves into fear by reading article after article and forgetting the above.

If one does not buy this market they never buy a market period.

I will be buying tomorrow morning and I will sell anything I buy when the market inevitably goes up with the upcoming markets that are obvious to anyone with eyes open.

Amazing how monumental dynamics like Goredom, Fed and New Year are thrown out and replaced by The Dollar, Gold, Bonds and thoughts of 1929. They all matter BUT NOT OVER THE NEXT 7 WEEKS. IF THE MARKET DOESN'T RISE, I WILL LEAVE THE MARKET AND NEVER ENTER AGAIN.

Voltaire the optimist



To: HairBall who wrote (20905)11/29/2000 11:29:22 PM
From: Boplicity  Read Replies (1) | Respond to of 65232
 
Thanks LG, I know I have ask you before to do this in one form or another. Throw away the charts for a second. What do you see as a catalyst to turn the market around? I have been saying price, but in the back of mine, (ever the optimist that I am <gg>) I have been thinking that it's not really that bad, but after the widespread reaction to GTW, which in it self should be of no surprise to the market that the PC sector is not healthy, that maybe it's worse then even me the doomsayer <g> of the porch has been saying. All my normal bottom visceral sentiment indicators have been hit a long time ago, so I'm gathering new ones daily. <g> Meaning it's uncharted territory even for me who has been around the block 25 times. <---I believe that's an indicator of a spoil investors. <gg>

Greg