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


To: Dealer who wrote (23165)12/8/2000 3:33:20 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
if stocks are down, buy the fundy news if bad
if stocks are down, buy the prez news if good for Bush
if stocks have risen substantially, sell whenever ambiguity is removed

gonna be tough after Naz gets to Moving Avgs
18day MA is about 2850-2870
that should serve as a coffee stand, short stall
then comes 30day MA at about 3000
combined with "000" effect, bigger resistance

bounces off bottoms are treacherous
time to be careful
technical relief rallies get stopped by basic continued bad news

who might warn next?
will it come from outside the nobrainer PCsector?
/ jim