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


To: stockman_scott who wrote (32921)3/9/2001 4:05:19 PM
From: djia101362  Read Replies (1) | Respond to of 65232
 
It will be intereting to see if there is a Black Monday waiting for us on March 12, 2001.



To: stockman_scott who wrote (32921)3/9/2001 7:45:32 PM
From: Voltaire  Respond to of 65232
 
No no Scott,

this was exactly what the Houses want before a positive event like action by the fed. It does especially two things, one, allows them to drastically dollar cost the obvious future gainers and two, keeps pressure on the Fed to lower big time.

Absolutely a joke today but hell, you can blame them. Also companies like INTC with an eye on buy backs have no reason to not take advantage of this down atmosphere to suppress them further with additional statements.

Like I said, THERE AIN'T GOING TO BE NO RECESSION.

V