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


To: rydad who wrote (36574)5/3/2001 2:28:38 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Anyone think we'll get a couple more days of selling?

The NAZ & many 4 letter stocks have just made new intra-day lows. The NAZ & many 4 letter stocks are still in a down trend..... I.E. the recent run has not broken thru to change the trend..... yet. The NAZ & many 4 letter stocks have several open gaps. Most gaps tend to get filled.

We had a weaker than expected employment report today. A number of 4 letter stocks have reiterated their low/no visibility for the near term. Lots of analysts are advising caution.

Looks like more downward pressure.... near term.

BWDIK?

Ö¿Ö



To: rydad who wrote (36574)5/3/2001 2:30:51 PM
From: Venkie  Respond to of 65232
 
If the employ #'s are bad we may get another buying opp..tomorrow



To: rydad who wrote (36574)5/3/2001 2:52:12 PM
From: Sully-  Respond to of 65232
 
To:William B. Kohn who wrote (15380)
From: Zeev Hed Thursday, May 3, 2001 2:42 PM

Sounds good, but I think that this decline has a little more in it, the critical junction of 2080, is not too far, and if it is breached, I believe that the 1850 will not be far behind.

Zeev

Message 15751261

FWIW, Zeev has had a pretty good track record in calling market direction for over a year. Not perfect, but pretty dang good FWIW. BTW, he's talking about the NAZ in the above post.

Ö¿Ö



To: rydad who wrote (36574)5/3/2001 7:49:57 PM
From: Dealer  Read Replies (2) | Respond to of 65232
 
If I had to place a bet......I'ma going to bet on a down day tomorrow. All indicators are heading south, QQQ, COMPQ, + all techs with the exception of RMBS.....:-) Hard to figure. Crazy chart that RMBS..... :-)

stockcharts.com[l,a]daclyymy[dc][pb50!b200!d20,2!a!b5][vc60][iUi5,3,3!Uh15,5,5!Ub14!Ll14!La12,26,9!Lk14]

dealie