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


To: Jim Willie CB who wrote (26596)12/20/2000 11:52:11 PM
From: Voltaire  Respond to of 65232
 
Why certainly it is.

V



To: Jim Willie CB who wrote (26596)12/21/2000 8:02:51 AM
From: edamo  Read Replies (1) | Respond to of 65232
 
jim....glad to see you comment on houses....just another "boogeyman" to justify that which we refuse to comprehend...

been saying for a long time "who are these houses?"....no conspiracy or manipulation in unison by these "houses"...to even think so would attribute a higher and machiavellian intellect to these "houses"....aren't these the same "houses" that are inhabited by thirty something mba's....a bit wet behind the ears in the light of only knowing upward markets, to have a hint of machiavelli?

economy has been bad, overshadowed by the tech sector...japan is in worse condition, and it is the second largest consumer market....capital expansion has been sidetracked, california has energy shortages because they mandate that certain generating facilities can't operate 24/7....remeber "it's the economy stupid"....and that is the only basis for the equity markets...

morbid insanity soon to rise to the once euphoric levels of last year....

an end in sight, opportunity exists as always in investments, especially those with real business models, that are profitable and have growth prospects....

no houses, no conspiracy, no faith in other then yourself.....remember those "dastardly house" lined the pockets of even the most naive investor over the past few years....guess it was just a sick joke perpetrated by the "houses"....or merely the greed and belief in a false ability that created a hole in the very same pocket?

better days are ahead....it will take a tangible as fed rate cuts to stabilize the real economy....all else will follow....

good luck

ed a.



To: Jim Willie CB who wrote (26596)12/21/2000 8:32:03 AM
From: Jill  Respond to of 65232
 
From esignal:

I have been posting a 2,300 bottom prediction for the
NASDAQ for a while now. Today, I made as exact a
measurement as I could, and from everything I can see, we
should see a bottom at 2,250 on December 26. How did I
arrive at this? Two specific consolidations point to this
target, so we have stronger than usual evidence of the
outcome. ** I must admit it's fun to try predicting "the
bottom". But, as always, we want to trade according to our
usual rules - and NOT try to psyche out the market. I
really want to see a higher low form on the NASDAQ before
recommending Longs.

Still, I think we have good odds for a bottom to form in
the next 3-4 days. We will be watching to see what happens
tomorrow in order to set up for Friday. If we do trade
down and appear to be forming a bottom tomorrow or Friday,
we may want to consider some extra Long exposure before the
holiday - or at least cover shorts. We'll see how it plays
out tomorrow, and then prepare for Friday.