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


To: Eski who wrote (25082)12/14/2000 4:25:46 PM
From: CAtechTrader  Read Replies (5) | Respond to of 65232
 
I sense this MSFT warning will bring some finality to the NAZ...I can't help but think that the market saw it coming and thus the weight on the NAZ these past days. Hopefully this shall clear the air. Everything getting shelled afterhours.



To: Eski who wrote (25082)12/14/2000 4:32:47 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
Eski The biggest slowdown in history from 5.?% down to maybe 1% or less in Q 1 and heading for -1.5% to -2% in Q2 01.

MSFT is the biggie. Sure it has come down but the effect of this news on the market is going to be unpleasant tomorrow.

Now we've got the election out of the way and we can see that there was no election effect holding down the market.

Chase, JP Morgan, A whole slew of European Banks, MSFT warning and the banks worried about their loan books.

Mr G must be delighted. I thought there might be some letup in the selling but the depth and speed of this massive slowdown is simply overwhelming all rallies and gradually ending any interest in equity investment for the foreseable future.

MSFT is the last straw. You can just figure the warnings that are going to come in March and June next year as we go into a full scale recession.

Well done Mr G.

Best regards,

L