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

To: DiB who wrote (37889)	6/14/2001 5:09:03 PM
From: RR	Respond to of 65232

Hi DiB: Well, nobody knows of course. There is such wide speculation, so many technical arguments, gurus contradicting each other, charts with trend lines here there and everywhere, ranges, channels, wedges galore, etc. all depending on the time-frame, you name it! So much stuff that I'm getting cross-eyed and a headache. Besides, I can make those charts say anything I want. What I do believe is that the ole Naz, overall, has shown some resilience the past two months. I don't think it will go to 1700. There's a lot of support before it gets to 1700, or 1800 for that matter. Warnings? So what. I'll say it again, and have been for weeks, that is, nobody should be surprised by any company warning! Heck fire, there are warnings everywhere. It's the forward guidance comments I'm concerned about. And BTW, I didn't particularly like JDSU's comments about next year. Oh well. Anyway, we should all know the second quarter ain't going to be pretty when the numbers come out. Summer is coming. Bad time for the market. Need some good guidance comments. Need something to prop the ole Naz up. It may just be range bound for 6 months. Stand by.... Alas, the sun will shine tomorrow as the ole saying goes, and in the grand scheme of life, this is nothing. Take every penny away from me and I'll still be rich. Let's hang tough. RR