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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (39779)5/30/2001 4:58:24 PM
From: Crystal ball  Respond to of 50167
 
The Volatility VIX index is all volatile itself after 6 up days and now 2 down days. I agree, you know it don't come easy. I would like to see earnings and outlook improvement also, that is, in the general population, I see it, I have no poblem looking at the macro and micro economic trends and for me the visibility is recovery. It never was 3rd or 4th quarter, I always thought it would be 18 months in and 18 months out (instead of the historical 12 months in and 6 months out). I just know that if I sell for some gain now, these stocks will all get away on the upside and it will cost more than my gain to chase them and buy back in. The upsurge on definitive good news, like oil prices dropping like a rock or a little war and war economy spike (sad but true) or surprise FOMC drop in rates to parity at least to clean up the short and long term inverted curve, or Greenspan resigning, these news tidbits would accelerate the recovery curve for sure, but they can not put off the inevitable recovery that is on the horizon, Q4, Q1, and Q2 2002 for sure. Lately I am thinking the market would be better served with only online trading and no investment brokerage houses to eliminate most of the ANALysts, but surely the reverse will happen, as small traders get swallowed up by the larger brokerage firms pretending to offer substitute DD with ANALysts misinformation business as usual. Yeah, it does not come easy. But bottom fishing has its own rewards, maybe more of the same to come.
I am,
Truly your$,
-Crystal Ball



To: IQBAL LATIF who wrote (39779)5/30/2001 9:40:24 PM
From: jtech  Read Replies (1) | Respond to of 50167
 
Iqbal, What do you think about trly(quote.com). I believe thats what most of us traders use as a home page as the indexes Intraday are posted for no fee?
That 8$ break should be its demise but I like it.