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

To: Venkie who wrote (31682)2/22/2001 10:49:58 AM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
This is it...IMO, We will hit the bottom...

today or tomorrow. A Base on Nasdaq is close (i had predicted 2000-2200 would be it)...If you take away MSFT, we are already close to below 2000. The massive margin selling is unbelieveable. I have started to see big blocks trading in the last 3 days and today is huge. I feel the Nasdaq bottom can be today or tomorrow. That doesn't mean we will go back up right away, we may stay down for some time, but we will touch the bottom today or tomorrow.

Its a long road back UP where we belong. What a market...=)

Best Regards,

Scott



To: Venkie who wrote (31682)2/22/2001 10:57:16 AM
From: im a survivor  Read Replies (2) | Respond to of 65232
 
r u selling I presume??

Not me...I'm gonna wait this thing out....if I didnt sell at 5000 or 4000 or even 3000, I am not selling at 2000....heck we may be on our way to naz 1000 or below...anything is possible, but I for one did not sell jdsu and etc, etc,at $130, so I am not going to sell it in the $20's....


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