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


To: SecularBull who wrote (26327)12/20/2000 3:09:08 PM
From: SecularBull  Respond to of 65232
 
A bounce in progress???

LoF



To: SecularBull who wrote (26327)12/20/2000 3:13:01 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
I feel lucky to have as many in my account as I do
bailed on SDLI yday at 210, now 163
bailed this morning on EXTR at 37-38, now 31

with VIX elevated, should see a reflex cover rally anyday
then comes "THE STEPMOTHER OF ALL SHORT OPPS"
the MOTHER herself was October to December now

expect a retest of whatever Naz lows we get
after a mild recovery dominated by short covering

the ripest short opp I see now is QCOM
it should fight back to mid-80's
then fall like a rock toward its old summer lows
/ jim