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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?


To: Cush who wrote (268)12/15/2000 8:28:30 PM
From: Davy Crockett  Respond to of 5144
 
<<If for some reason they don't change the bias,
there will be blood in the streets>>...

Actually I agree... I think the bias will change, BUT I don't think a interest rate cut is in the cards.

Right now, I am just bottom fishing, trying to cast my line on some bottom dwellers, such as SVN, SW, in NT, BKP, , (in & out & currently in on KCA, & again SVN, SW, NT, BKP, [actually right now I am too heavily weighted on the tech side), if they keep going down I will be out, counting on another short term rally... to make a few more points...

Regards,
Peter

From what I understand in the bond market, a change in bias might be imminent....(IMHO).

To whomever might be reading this...please don't listen to me...

Regards,
Peter

BTW, congratulations on your discipline, <<I saw sell signals, I sold>>



To: Cush who wrote (268)12/16/2000 7:27:52 AM
From: SurfForWealth  Read Replies (1) | Respond to of 5144
 
Gee Cush, About 10 months ago, you used to end your Friday evening messages with pleasantries such as "have a nice weekend everyone"! Now it's "If for some reason they don't change the bias,
there will be blood in the streets."

You were a lot more pleasant back in the old days! <ggg>

FWIW (not much) I think we have been bouncing around the bottom for the last few weeks now. We have seen the very bottom already and need some kind of catalyst before we can move up for good. Perhaps it may come on Tuesday from the FOMC meeting. I think this situation is similar to the fall of 98. The currency crisis was predicted to cause a major global recession but AG saved the bacon with some quick rate cuts. After deploying my remaining cash yesterday on CLS & JNPR, I am hopeful for a rally and will wait it out if it doesn't happen yet. IMO anyone who thinks tech is dead is dreaming. All JMHO but like you guys said "Please don't listen to me"! LOL

Have a nice weekend everyone! :-) Cheers!!!