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


To: Voltaire who wrote (26333)12/20/2000 3:21:57 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
this will prove to be the biggest bear market in history

signals a recession, likely deeper than imagined

denying what is happening is like flipping a bird to a truck
that is near to running you down

all humanly triggered by the unelected Federal Reserve
in their infinite wisdom to protect from inflation ghosts

/ JW, awakening to the reality of a 60% Naz decline



To: Voltaire who wrote (26333)12/20/2000 3:23:38 PM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
V: IMO, The Houses have lost control of the game (for now)...yet, I am sure they are making LOTS of money off of the commission volume and the hedging opportunities. They have done very little to try to salvage the market -- when was the last time we heard from our good friend Abbey Joseph Cohen <G>? Of course in a bad year the partners at Goldman make tens of millions. Its tough for them to really understand what may be happening to the average investor...=)

Regards,

Scott

BTW, I believe we will ride out this storm (yet, it may be close to 'a Perferct Storm in the Market'...lol).



To: Voltaire who wrote (26333)12/20/2000 3:26:21 PM
From: cyberian-husky  Respond to of 65232
 
At some point we will trigger a massive buying program.

If a bounce off 2300 happens we may race back upward.
If not, then we wait longer.
Reserving a small portion of your portfolio in cash is essential to take advantage of the panic on days like this.

This is how wealth is built!