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


To: Dealer who wrote (30874)2/11/2001 9:35:42 AM
From: Hobie1Kenobe  Respond to of 65232
 
Thanks Dealie - glad to hear V-man is doing well. Stress-free is the place to be. Take care,
JF3



To: Dealer who wrote (30874)2/11/2001 9:57:02 AM
From: Dealer  Respond to of 65232
 
Another's Opinion:

To:George S. Cole who wrote (68944)
From: Giota Sunday, Feb 11, 2001 9:48 AM
Respond to of 68945

To all, this is what I see...the Nasdaq will fall more tomorrow it will hold the 2,400's. Then come Tuesday Feb 13 all the way to Feb 23rd, we will see a strong rally, a rally that will take the Nasdaq as high as 3,000's.
Notice the Nasdaq Comp Chart, there is an inverse H&S forming.
Nov 30th is the left shoulder.
Dec 20 all the way to Jan 3rd, is a triple bottom head, already put in place.
Now we are witnessing a right shoulder forming at 2,400's, this is happening on low volume.

I wouldn't be short this market now, to risky, you are better off going long.
The Nasdaq will test it's 200dma, by April.

Good Luck

Giota