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


To: Murrey Walker who wrote (33390)3/14/2001 9:50:59 AM
From: im a survivor  Respond to of 65232
 
Thanks Murray...but honestly, do you not wish you were a little less positive last year and a little more negative?

I just see a very nasty market...yes some buying opp's if your looking long term, because as you said, eventually, we will reach the light at the end of the tunnel.....problem is we have no idea when, or how far away the light is.

I did alot of reading the last few days on economic conditions and etc....the situation in Japan really got my attention. Now, I know we can't compare japan with U.S., but there have been many things that have happened that people said "no way"....I am just trying to keep an open mind. japan market, lowest in 16+ years...thats an eye opener...especially for folks that think it can't happen here.....they didnt think it could happen over there either, and we here in the US didnt think what is happening now would happen...at least the bulk of us didnt or we would have been short or 100% cash for over a year now....

anyway....sometimes a little negativity is a good thing....we can ra ra all we want, bottom line is naz id under 2000 and and looks to be heading lower. Most TA folks agree...the bulls are simply banking on what we always bank on...lower rates, short covering, sideline money and etc....but actual fundamentals and TA show a market going lower, before it goes higher....JMO, and thanks again for trying to keep things in perspective.......I am outta here for the day....placed an order for extr at $14<ggg> and sunw at $14.....we'll see.....maybe not today.....

Keith