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


To: Murrey Walker who wrote (33368)3/14/2001 9:23:39 AM
From: edamo  Respond to of 65232
 
murrey...."strange" is an understatement...everybody scratching their head.....not extreme volume, but what exists is down sharply....

just don't subscribe to machiavellian theories....just look at who runs the "houses"....more incompetence then thought...

waiting to see how the professionals set the opening, as pre-market appears a bit maniacal...stuff beginning to firm....

maybe a "phantom capitulation"????

immediate fed action(probably no chance) would bolster psychology and perhaps set a floor at these levels....

reality is that low(ered) interest rates always equate to eventual higher share price....the fly in the ointment is that some stocks may never see the dizzying heights again unless keith and scott hit the powerball and buy up all the $3 about to be delisted nasdaq shares!!!!(only kidding guys...may ten baggers be once again possible?)