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


To: RR who wrote (37969)6/19/2001 12:35:03 AM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Hi Brahma RR,

Looking over the threads sure has the guru's scratching their heads. Some say up, others down. Some think we're going below NAZ 1400, others say NAZ 2400 is possible....... and all points in between are being predicted :-
Me thinks the trend is still down, but a bounce in here is likely. What surprises me is that so many stocks are already at or below their April lows. I think some of these stocks will eventually go lower anyway because of their horrible fundamentals. However, some of these companies aren't doing as bad as their share prices indicate.

The B2B on Thurs should further confuse things too.

This is one tough market.

OOF :-|

Gotta agree that the QQQ's, options or the ETF itself seems safer to play the trends in here.

Oh well....... Hope your trip is productive RR.

Ö¿Ö



To: RR who wrote (37969)6/19/2001 6:27:09 AM
From: limtex  Read Replies (2) | Respond to of 65232
 
RR - My guess is as follows. A bit in jest OK but it seems like it to me. Tuesdays the shorts usually play golf and go sailing. My guess is that they do this in order to get the bulls to sucker up a bit more by feeding them some more hope.

The shorts know that much better to take it slowly, bit by bit and that way they get more.

So Tuesdays for some reason are quite often up days unitl the evening when there is some nasty announcement.

Warnings season is in full swing and Tuesday after the bell is a dangerous time.

What we need to see is companies saying that business is getting better and sales are picking up. Until then my guess is that the NAZ continues to grind up peoples net worth.

Best regards,

L



To: RR who wrote (37969)6/19/2001 5:35:23 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
as the absurdity of 2ndHalf Recovery becomes clear
stocks will cascade back down to March lows
conviction will gather steam
each time pathetic econ data is presented, "seen the worst" comments follow
like crying wolf, it loses its credibility
the entire world economy is sliding into a recession
my professional take is it will get worse before better

asia will not recover until Japan rebuilds
I expect Japan to enter a recognized depression, if not already in it
apparent that brokerage houses are full of feces
the spring rally was a bonafide bear counter-trend rally
the reality is one of mfg depression, service side deterioration, still growing unemployment, with continued consumer spending for now despite terrible confidence
housing is holding up the economy, and by Sept that might lose its force also
the industrial utilization figures last week are a serious warning call
NBC Nightly News appropriately devoted full ten minutes to the story
they mentioned the 2nd Half Recovery and its erosion of that expectoration

better times are coming in November at the earliest
more likely by April 2002
the US economy is too weak to pull the entire world economy out this time
it succeeded in 1998, NOT THIS TIME

in March I predicted two dozen top techname stocks to be single digit
JDSUniphaz flirted yday under 10
SUNW Micro is close
plenty of others to follow, havent the details and dont care

firms with loaded debt remain as selling targets
TQNT Triquint has been cut in half in four weeks
chip sector book:bill will likely remain under 0.50 for a while

"seen the worst" is pure GLUTE SHOOT

good luck, and protect your arses

I have decided to attempt to return to Boston before ski season
homesick, rebuilding the spinal cord
/ jim willie