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

To: chic_hearne who wrote (21948)	12/5/2000 2:21:49 AM
From: oldirtybastard	Read Replies (3) \| Respond to of 65232

there is always an excuse, and it will be the wrong one of course...because if the right reasons for market behavior were easy to perceive for people that invest using divining rods they would probably reconsider some of their decisions before they lost their asses. edit: now that we have both come over here to taunt the bulls, I am 99% sure the temporary bottom is in...no matter, my nasdung junk is mostly covered, waiting on the dow now and detonation conditions for the nuclear short strike -VBG-

To: chic_hearne who wrote (21948)	12/5/2000 8:40:50 AM
From: Voltaire	Read Replies (4) \| Respond to of 65232

You could be right but you forget the TIME CAPSULES. This takes the Guess work out of it. The Bears think in too long of terms. You may prove correct but you make money with the Psychological Time Capsules. You just admitted about the Election which is nothing more than an Election Time Capsule. Next Time Capsule began last night and will run up to around Dec. 18th. Another will begin depending on Fed. action on 19th. Invest accordingly. If Fed. does not go at least to neutral - YOU ARE CORRECT there will be hell to pay. Voltaire

To: chic_hearne who wrote (21948)	12/5/2000 9:22:28 AM
From: Percival 917	Respond to of 65232

Morning Chic, What will either of these guys do that is so terrible it should cause the Naz to drop 25% in one month? I firmly believe it was that the election wasn't resolved and the air of uncertainty has hung over us for so long that precipitated a lot of the 25% drop. Granted there were multiple earnings warnings and the world economy and energy prices all come into play, but if the election had been settled immediately one of two things would have happened IMO: (a)Bush wins and we would have had a modest rally, excluding the stocks that warned or: (b)Gore wins and we have an immediate 10%(or more) drop followed by a much slower rebound. If Gore won immediately I feel we would be close to where we are now, however had Bush won, I feel we would be most likely 300+ points higher on the Naz. All you had to do was watch the futures. Every time Gore looked to take command the futures tanked and when Bush looked like he was in, they skyrocketed. I am saying that it is the "perception" of what Gore "might" do that was weighing so terrible on the market. I am not saying that the initial pop of a Bush win wouldn't have worn off quickly, and we may well see that after your some type of rally. Time will tell! BWTFDIK, Joel