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

To: Voltaire who wrote (32985)	3/11/2001 10:14:03 AM
From: im a survivor	Respond to of 65232

<<Pleaseee, give me a break. If you can't tell the Houses are back in control with yesterday's action then you just don't want to see it. I am not saying we are going to burst forward but if you think we are going much lower, WRONG.>> First, please send me the glasses that you were using while looking at the market on Friday....I agree they may be buying, but it looks to me more like they are letting this marlet get away with them. This week will be telling. What do you consider "not much lower"????........If we break 2000, it could get very ugly, and could stay ugly for awhile....now, thi that said, I still say if your not 80 years old, you should be CAUTIOUSLY buying tech quality, because down the road, tech will come back......could be next half, could be 5 or 10 years, but it will be back......I just think the short to medium term looks very bleak and every day, the longer term looks bleaker and bleaker as well...I am beginning to wonder if anybody buying 03 leaps is going survive, because it is very possible we dont recover by then.....I have some aol ITM 03 leaps and some sunw 03 OTM leaps.....wasnt looking to excersise, just hoping for a nice run so I can trade them......it looks like a rough and bumpy road ahead. And yep, call me a fool, I bought some more SUNW on Friday right at 18ish...just couldnt resist..... keith

To: Voltaire who wrote (32985)	3/12/2001 2:32:26 AM
From: limtex	Read Replies (2) \| Respond to of 65232

Vol - The only area that I feel the fed might be making a huge mistake on is underestimating the purchasing power that has been lost by the severity of the NAZ's fall. Deep recession - BULLS---! But Vol those are the ingredients of depression. The noise we are hearing around the World this morning is not normal corrrection noise and it all feeds upon itseld in a downward spiral. Some of the language of the threads is to the point that people have had enough. We waited for the summer rally, the October rally, the end of the Year rally, the Christmas rally, the January effect, the Oct -Mar effect and we are now just over 2,000. Zeev Hed was calling for a raly after what he called the Feb Massacre (he called Feb in advance and correctly) but so far March has only been a continuation of February. The point is that we have grasped every straw for the last year and it has all been in vain so far. Warren Buffet has come out with something today which I haven't seen yet but sounds like "I told you so". The old boy was finally proven right yet again. Best regards, L