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

To: Voltaire who wrote (22307)	12/6/2000 9:29:17 AM
From: Dealer	Read Replies (2) \| Respond to of 65232

**** looking interesting - BRCM Be sure to see the post on BRCM #22292---could be why this stock looks so interesting. Just a thought! dealie

To: Voltaire who wrote (22307)	12/6/2000 9:52:27 AM
From: r.edwards	Read Replies (1) \| Respond to of 65232

Tom I think this is a valid post, taken from another thread, MKT DOWNTREND OVER,I bet a few more pe by: blue_star_gas 12/6/00 9:16 am Msg: 45964 of 45969 ^^^^^^^^^^^^^ I bet a few more people who are new and small investors are happy that Governor Bush will be President now that their IRAs, etc. rebounded yesterday! Beyond that, we had Mr. G send clear signals that the FRB will go to neutral on 12/19. Further, the px of oil fell beneath $30 per – a good confluence of events. The DJI rose 338, while NASDAQ rose an incredible 274 points, which is its biggest percentage move ever!! The A-D index posted 1235 net advances, which is fine. The following are some of the positives in yesterday’s market in no particular order. 1. Cash levels have doubled in recent months. 2. Heavy short covering by Hedge funds. 3. XLNX posted a warning, and it rose over 2 points, at best. Last week it would have been crushed. When stocks rally on bad news, that’s great action that helps signal bottoming activity. 4. There were a myriad of downgrades last week that were the lows for most of them. XLNX got downgraded on 12/1 at 35, and it closed at 43-1/2. VTSS got it at 42, and it hit 57 yesterday; PMCS at 87, and it closed at 127 – you get the picture, as fundamental analysis seems poor at best in Ï markets. How can they be so incredibly late? Huge gains in JPM and MMM were 147 DJI points!! Conclusion For the first time in a while, both the DJI and NASDAQ moved in concert with one another – a good plus, as long as it continues. This is what we outlined yesterday – namely how strong will the first rally be? Conclusion is that it was great. This strongly suggests that the pullback (base-building process) will be positive. We are of the opinion that the decline in NASDAQ is over!! Straight up? Not likely, but trading improves in a period of base building. SENIOR VICE PRESIDENT This document may not be reprinted without permission. P.S. We will be on CNBC today at around 3:20 p.m.

To: Voltaire who wrote (22307)	12/6/2000 10:43:27 AM
From: gooch_the_farmer	Read Replies (1) \| Respond to of 65232

Voltaire, oops ELON bit the dust.Sorry didn't see your comments to edamo GTF

To: Voltaire who wrote (22307)	12/6/2000 3:53:19 PM
From: Jill	Read Replies (1) \| Respond to of 65232

Shaky market still... Well this was an interesting day, Teresa and OJ have a chatroom/site...on the site she posts charts...early in the day she targetted downtrace to exactly where we ended up--guess everybody and their brother esp at the houses do use this hoodoo voodoo of t.a. The naz moves up and down with the futures/spoos...there were buy signals in the morning on various stocks so I tried trading in and out on these signals/futures....in the room OJ talks and anybody else just types their messages...I didn't lose on anything except the crap I held (i.e. jdsu, should've taken profit on my calls when it went up to 71, and was thinking about it, but my old buy and hold mentality still here)...I was pretty cautious, you set tight stops anyway Daytraded QCOM calls also... Now put in a lowball bid for some qcom and cien calls, probaly won't get unless we tank in the next few minutes I think it would be good for me to have a partly long portfolio and partly do this a few days a week. Teresa and OJ and others post charts in the ISpec room--you kind of volley back and forth between the two--and I'm starting to understand these charts It's al ittle bit tedious, not something I'd want to do everyday, but it sure would add up over time. The one good thing is not feeling at the mercy of Mr Market I know its a far different strategy than ltb&h--and it seems a bit schizo to do both probably, but I think one can do both But the point is your entry and exit points are pretty precise this way--it's stuff I can learn by doing/seeing, but I never was able to learn from books