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

To: Uncle Frank who wrote (35551)	4/9/2001 12:15:15 PM
From: t2	Read Replies (1) \| Respond to of 65232

Uncle Frank, I believe the Nz gained 145 on Thursday and lost a lot less on Friday. If the bear market continues, we should lose the entire gains from Friday. Why are people not worried about MOT's disaster that everyone expects. It will be the first clue to earnings. My bullish case that I am feeling more and more comfortable with is supported by what has happened in large mutual funds like Janus and Fidelity..and the increasing short interest. What if these funds like Janus that have high levels of cash for redemption possibilities--do not realize the cash outs to nearly the levels they planned for? I believe we have seen that in the past where funds raised cash only to realize the individuals are not bailing out to the degree they expected...in a sense the funds were just taking a more conservative approach. When they start buying it may be broad based and that is why it is a good idea to be diversified among various sectors with a good emphasis on tech, IMHO.---at least in the short term. Just imagine the amount of selling they must have done in the past months to raise the cash. Janus Fund is still down big even with such large cash levels--about 20% as of end of February. I got progressively more bullish on tech as the day went on. The close is still the key to me and that will be what tells me if we are heading into a big bounce or bull market in the Naz. For now waiting for the confirmation. It must all be happening since my name change from T2 to NewVision was requested a while ago but only got changed today. but your new handle makes you sound like one of Eye Doc's patients That was my problem in predicting this market... A lack of visibility. I can see clearly now.<g>

To: Uncle Frank who wrote (35551)	4/9/2001 3:56:13 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

Franqie, seems to me that some stability is working into the Naz only 3/8 of Naz gains from Thursday were relinquished and almost 5/8 of S&P gains from Thursday were forfeited this seems healthy, actually a rose may be a rose could be a rose but a jackass is always a jackass, nothing but a jackass how do you like my new moniker? I just couldnt bring myself to return to the infamous "Jim Willie CB" since I am a hirsuit dogman, the woolly label came to mind when talking to myself I do that with newly licked wounds, a cash position for 7 weeks, possible new job, lost weight, sixpack abs damn, just had to celebrate spring and its newfound changes somehow, somewhere, sometime soon I expect a surprise rally that sticks been thinking a lot about it it must come after tons of bad news is absorbed but most of that could well be very expected it must come after tax selling abates and April 15th is next Sunday methinks so by the time earnings reports are out, some pitiful guidance is set forth... those reports could actually have enough doubt to engender some optimism of course, it would be founded in a certain amount of denial do you think much of the short covering potential was exhausted last Thursday? I tend to think much was exhausted but shorterm gamesmen and gameswomen could build a decent rally nothing like springtime to bring thoughts toward optimism spring is a time of annual renewal, where strange things happen for me, all the short skirts, brightly colored dresses, sleeveless blouses... wow, they just make me want to stand up and take notice somehow it could lead to some downright silly optimism and poof, you have a 15% Naz rally a move to Naz 2000 wouldnt take too much then the door slams when reality of recession bites with huge fat sharp teeth 18dayMA and 30dayMA are something like 1850 and 2000 these seem like attainable targets, but maybe not the 2000 Amazon? gimme a break so their news means they can extend their date with bankruptcy for another 6 months? this market is really reaching but then, it is spring it hit 84 degrees in western Pennsylvania over the weekend, both days JW on the bigass bike, yeah, baby / jw