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


To: Voltaire who wrote (26585)12/20/2000 11:17:20 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
Tom, you seem to attribute THIS as calculated, controlled, manipulated, and intentional

the market is a living breathing valuation mechanism
today $80M per minute exited
the result of 100,000 aircraft carriers being sent into a tsunami by the Federal Reserve

get off the Houses and the exploitation control
YOU ARE SIMPLY WRONG, but still my friend

when earnings hit a brick wall
when capital spending sharply slows
when half the cargo is flung off the truck
when the economy is so incredibly mismanaged by our Politburo
there are consequences in valuation

not results from a few powerful deeppocketed Houses

Fidelity correctly measured the risk of hightech profitability
they exited

we misread those same risks
we were on the wrong side
now we are angry, and looking for villains

GET OFF THE HOUSES AND THE MANIPULATION THEME
it is a loser's refrain

sorry, Jim