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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (41652)	3/24/2001 4:07:11 AM
From: straight-->arrow	Read Replies (1) \| Respond to of 56537

I'm with you on buying silver as a hedge. Also watching one of my penny stocks, QDXC, go bonkers today on ~2mm shares-price doesn't move with odd 86,600 block trades a half dozen times. CEO said 10Q coming out shortly but I don't see any great number's improvement. Watching CCH as a gold hedge.

To: Canuck Dave who wrote (41652)	3/24/2001 1:40:40 PM
From: Albert Hurd	Read Replies (1) \| Respond to of 56537

I am a Canadian investor considering daytrading the QQQ's for the first time, and am reaching out for help. You came to mind since I think you once said you were in Victoria, where I live. I have a RIF account with Schwab Canada. My only question is: what speed of execution including confirmation can I expect, They say probably 30-40 sec. but say nothing about confirmation, and I have heard horror stories. It seems to me that because of the volume, trading in the 3Q's would have to be completely computerized on AMEX. Thanks for any help. Albert Hurd 816 Linden Victoria 383-2288 ahurd@home.com

To: Canuck Dave who wrote (41652)	3/24/2001 8:25:48 PM
From: LTK007	Read Replies (2) \| Respond to of 56537

couple possible factors Dave---window dressing is now in effect,something to keep in mind for all of next week as funds come to the end of their 1st Quarter--indication by those you mention they don't want CSCO and NT to be in their portofolio and do want MU and IBM. Because of window dressing funds will be up to all sorts of tricks this week also means they may continue pump up semis--all my researching this weekend pointing to semis being a future shorters paradise. Fleck says anyone who thinks Thursday was THE BOTTOM is in for a shock as bottoms never occur with one sector being up a insane 12% that day--the SOXX. He concurs with my own independent thought,that THE bottom will not occur until semis are decimated. he noted CSFB was bombing the semi sector with "at any price" buying and noted how wildly speculative funds can be with OTHER PEOPLES money and are trying to revive NASD via running the semis. i am looking at semis short-side and BioTechs long side,but the timing of my moves are UNDECIDED as of now.

To: Canuck Dave who wrote (41652)	3/25/2001 7:16:24 PM
From: LTK007	Read Replies (1) \| Respond to of 56537

Cisco chief warns US downturn is set to continue By Edward Luce and Louise Kehoe in San Francisco Published: March 25 2001 19:39GMT \| Last Updated: March 25 2001 23:03GMT (from the FT.com site--The Financial Times) The US economic downturn will continue for "at least three more quarters" and possibly longer, according to John Chambers, the chief executive of Cisco Systems and one of the leading business executives in Silicon Valley. Mr Chambers said in an interview with the Financial Times that the outlook for the US economy had deteriorated significantly since Cisco - the leading supplier of computer networking equipment - warned in January that it expected the downturn to last for two quarters or more. Cisco shares fell by $1.06 to $18.69 on Friday amid rumours the company would issue a further profits warning for its third quarter results in May. Although Mr Chambers did not warn on profits, his comments are likely to fuel the anxiety about the deterioration of the US economy that prompted sharp global stock market falls last week. The company, which is considered to have one of the most advanced "real-time" internal systems for monitoring day-to-day worldwide customer demand, missed its quarterly earnings target last month for the first time in six years. As recently as November Cisco enjoyed a growth rate of over 70 per cent. By February orders had dropped below those of the same month last year. It may have been the "fastest deceleration that any company had ever experienced," Mr Chambers said. "We thought this [downturn] would last for two quarters. Now we are saying that it will last for at least three quarters. "The slowdown that we saw in January is continuing in February and March. We have seen the issues expand to Asia-Pacific and we see the early signs in Europe." America's National Association of Business Economics, in a six-monthly economic policy assessment to be released on Monday, said for the first time in nearly five years that it had "major reservations" about the conduct of monetary policy.