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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: Drbob512 who wrote (33378)	5/11/2001 12:01:03 PM
From: heehee1	Read Replies (1) \| Respond to of 100058

Drbob... Thank you for your continuous efforts to keep us out of the dark with this neurotic market... And perhaps you'd join me in whacking NVDA once again. <GGG>

To: Drbob512 who wrote (33378)	5/11/2001 12:19:56 PM
From: iowamann, Spam Queen	Respond to of 100058

The "why's" are only something to talk about and fill time between ticks. But if one knows tomorrow's why's today, or the possibility of a "why" tomorrow that person has an edge. To take a long position now with the looming FOMC meeting, would be unwise. A TA person can clearly point to the charts and say we are going down. But that pending FOMC could be the real world event that is being reflected in the charts. The charts are "what IS" and there is no denying that. You wouldn't need to really know about the FOMC to know that we are going down. But for me, knowing about the FOMC event adds credibility to the downturn. However, the charts now would lead us to believe that things don't look to good. And yet I think we will see significant upticks before the FOMC, if not the day of.