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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (64573)	2/4/2001 4:46:24 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 436258

Agree with you there. Same with me. I have never violated any policy on MDD yet I was banned for various PMs that were meant to be constructive and were misunderstood then once the all out war started, it was for stuff on the Sound off thread. I had it unbookmarked a few weeks once I found nothing of use there excepting Les' news links. Once Les came here, it was gone. Still it would be nice to get everyone back on one site for market only content. I see the major good market callers dispersed on about 4 different threads now. CFZ, Stock attack, Kahuna and Dr Bobs. There is a lot of new blood on MDD now and only a few seem like they know what they are doing. I know we were trying to get the other Kahuna thread going for a while but speaking only for myself, I rarely have time to post much anymore except on our own site and only post on SI when I see something major developing such as last week when everyone seemed bullish on Stock Attack and I saw the big drop coming. Anyway, just popped in to see what was up and was surprised to see the unbanning of all us anti clowns. As for the market, heck if I am sure of anything. I still think down but I am in the minority. Seems many of the better timers think we bounce and don't drop until April. Seems to me we are in the perfect window of opportunity for a double bottom since they tend to come 6 weeks apart or so. Internals are getting better but there is a ton of fluff still left to correct. I think 2400 and 2650 NDX are the keys. We break 2400 and we stay down for a while. OTOH if we break above 2650 NDX we move up until the next wave of warnings hit in April and the Fed is done cutting for a while. Next quarters numbers are going to be horrible but with CSCO selling off in advance of earnings, one has to consider the clowns are selling the rumor and will buy the news. Never under estimate the stupidity of the American Public or a mania. I will likely dump the rest of my puts tomorrow and go flat until I see what happens on the CSCO news Wednesday. What is up with GM??? Rising volume the last few days and up 3% on Friday as the market melted around it. Do they really thing the Central Banker saying to buy an SUV is going to save it? -ggg- Good Luck, Lee