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


To: Jim Willie CB who wrote (35788)4/13/2001 12:40:18 PM
From: Kayaker  Read Replies (2) | Respond to of 65232
 
Inventories Drop, First Time Since Dec.'98
Friday April 13 8:42 AM ET

WASHINGTON (Reuters) - Stockpiles on U.S. company shelves fell for the first time in over two years in February, the government said on Friday, in a report which offered some hope inventory imbalances could be improving....

dailynews.yahoo.com



To: Jim Willie CB who wrote (35788)4/13/2001 1:59:28 PM
From: edamo  Read Replies (1) | Respond to of 65232
 
jimmy...did you ever think that perhaps the "new age investor", even losing fortunes has no fear, and they may rush back into the market again, igniting it like a few years ago....

economy not good, but dollars flowing in massively to what have been claimed dead tech companies....

still holding that this is a secular bull market correction....but it mimics what used to be considered a bear market....dynamics not the same, "new age investors" are not walking away and never returning to the market...just sitting around getting sick over losses, but anxious to pile in and recoup same....

sold 100 contracts atml 03 10 strike puts (vlh-mb) at the close yesterday for $3.30....put sale premiums are getting attractive in some issues...much better then money market for at or below current price strikes....

a lot of bad company specific news is out...seems like any news that affords a bit of guidance, regardless of how dim, is viewed as positive...

naz may run beyond 2100, if the dynamic continues next week....this coming monday historically(80%) a down day....