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

To: hroark2000 who wrote (27932)	1/2/2001 4:02:37 PM
From: lurqer	Respond to of 65232

he talks about the 3 legs of a bear market. Well that is certainly the classic view. to rally at some point to set us up for the final downleg this spring. That was my view also before the severity of this downleg became apparent. go back up a little and then down hard one more time to knock those people out once and for all. And thus create the MOABO (Mother Of All Buying Opportunities) that some are calling for. Hmmm....maybe. If (big if) the Fed eases soon and sufficiently - no way. Also consider if the market were to rally soon it would trap a lot of bears and if it were not to retest (and break) the old lows there would be no MOABO - thus foiling the bulls. Yep, screw'um both - bulls and bears. Houses "uber alles". "Got luv this market". lurqer