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

To: DiB who wrote (28365)	1/5/2001 2:25:48 PM
From: Dalin	Respond to of 65232

I agree DiB, Earnings start next week.....I think we'll get a lot of surprise upside earnings and some surprising outlooks. Then the FEDS meeting again. I'm not worried. It still is above the lows. Everyone knows the shorts aren't gonna give up easy.....its gonna take some time...and maybe some re-tests. :0) Ramblin optimist

To: DiB who wrote (28365)	1/5/2001 2:45:44 PM
From: limtex	Read Replies (2) \| Respond to of 65232

DiB- Only 20 points to go till we're back down below 2,400. 2,250 should be easy for the shorts in a couple of days next week. There is now nothing till the end of the month when we might get something else from the Fed and then only maybe. As we all now know the Fed is very very very cautious ecept when it comes to increasing interest rates continuosly. I suppose we will never know what cuased Mr G to cut on Wednesday, I like to think it was W who called him and told him to do it. Still whatever it is now clear that it had absolutely no effect whatsoever except for a brief feeling of euphoria on Wednesday afternoon. The shorts of course were knocked back for a bit but soon recovered and are probably the biggest and now it seems the only beneficiaries of the cut. Mr G has done some damage to the economy, more than anyone at forst realized. All those who advised selling at any rally were right yet again. It is becoming clear that there is no longer any point in investing. Trading is the only was but i've never heard of anyone who can doo that successfully. Best regards, L