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


To: Voltaire who wrote (34222)3/20/2001 4:51:30 PM
From: stockman_scott  Read Replies (1) | Respond to of 65232
 
V: I think RocketMan brings up an good point about the 401-K investors...

Message 15535431

Boy, the Houses haven't done too much to support this market..Of course they have to battle many of the Large Hedge Funds (which have been shorting the Naz for months --with Leverage). Remember what I sent you this morning -- the 'Plung Protection Crew' may have to go to work soon...JMHO...One way or another we need a good solid base...Of course the FED will get more numbers soon that will provide clear evidence that they need to cut rates further...Greenspeak's definately taking THE CONSERVATIVE approach...We'll get through this...Batten down the hatches again...We may have to sail back thru the eye of the storm one more time...=)

Best Regards,

Scott



To: Voltaire who wrote (34222)3/20/2001 9:21:20 PM
From: pinhi  Read Replies (1) | Respond to of 65232
 
V, sure glad I covered yesterday. Stress free. Love that 12 to 15% in cash up front, thank you very much. Will buy more stock tommorrow if they take 'em down again and probably cover that in a day or 2. They are now coming after the high pe "safe" stocks like KO with ridiculous PE's.

Pinster, in Florida heading back to NC mountains in the am. 12 inches of snow.