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

To: Dealer who wrote (37620)	6/7/2001 7:53:01 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

A few of today's comments in and around SI: SOX rallying so strongly and now within 10 points of it's 200 dma, It will be bullish if the SOX is soaring upward tomorrow, but -John Pitera **************** Cashin on corporate earnings: "You can't get earnings out of these corporations with a mask and a gun." -Art Cashin keep an eye out on the 2328 level. -Robert New *************** stop with the nonsense and cheerleading. the market will move higher into the weekend, retrace some and then move higher into the FED meeting. -Haim R. Branisteanu *************** Big short covering rallies could last days. -New Vision *************** Too much enthusiasm for sure. INTC said absolutely nothing that they havent been saying for weeks on end. The SOX ran up in anticipation of this news. Sitting right at resistance. Pull back or breakout? That is the question. -martin001 *************** I just got some gut feeling that this market will rally into FED meeting. it may pause Monday for a day or two, like today's AM. With HWP warning and INTC up over 10% just because they did not yell fire is a sign that the market will move higher. Im not one for gut feelings, but what you say is possible if the SOX and RUT can set significant HIGHER HIGHS, which could be as soon as tomorrow since they are already close. -donald sew ****************** Max, I think we have a top tomorrow and a drop into next week. Look at the COMPX chart. It seems to be forming a Complex H&S pattern, which may take a few weeks to play out. I think we're in a 2050-2340 trading range for the next few weeks. If you can time the cycles, you can profit. If you can't, I think you're basically screwed. -ajtj99 The End