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

To: Clappy who wrote (27381)	1/3/2001 1:02:51 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

Fed aint be gonna lower rates interim, no way it is a catch22 unless of course Naz heads to 2000 and Dow under 10k no way, no how, not a chance of expected interim cut leading to a Naz rally without further large decline the thought of such is an utter joke the rumor of such can offer Naz maybe 150 pts I wonder when my expected catalyst will arrive that is stalling on the downside, and massive hedge fund short covering gonna happen soon methinks, now we are in new tax year in time for a nice long dive down going into Fed Meet Jan31 the 50-day cycle is still clear on Naz setting lows next low is due Jan30 to Feb6, somewhere the Naz drop that started Friday was sudden it hit the old reversal low, now serving as resistance rather than dancing with interstate traffic, which is heading downhill, I wonder if buying certain strong chip stocks isnt much much wiser than foolishly playing Russian Roulette with high valuation tech stocks EdamoMan made an excellent point about BRCM two weeks ago it could drop to 40 and still be over 100 in PE RRick has consistently ignored highPE conditions has anyone been hurt as EXTR has gone from 80 to 27 ??? or JDSU from 75 to 40 ?? let me hazard a guess: YES YES YES ATML looks interesting and potentially profitable but only if you eschew narcotic stocks / jim