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

To: lurqer who wrote (32818)	3/8/2001 7:27:18 PM
From: Voltaire	Respond to of 65232

I agree, I just say that we have turned the corner up until the Fed cut and then retrace a little and wait for the Fed to do it's thing up to the point of rescue. volts

To: lurqer who wrote (32818)	3/9/2001 1:09:39 AM
From: stockman_scott	Respond to of 65232

<<Consistent with my own view of a trading range. Biggest threat - continued hedge fund shorting.>> lurqer: Those damn hedge funds have caused A LOT of trouble in the last few years...as I recall one of the largest needed BIG help to bail it out (i believe it was called Long Term Capital). These new vehicles have far fewer restrictions than normal mutual funds and have clearly caused a lot of the volatility that the nasdaq has experienced. IMHO, we would be better off without them...they aren't going to disappear anytime soon though...they seem to be popular investing vehicles for the wealthy =) Best Regards, Scott