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


To: Jim Willie CB who wrote (38627)7/6/2001 2:47:41 PM
From: limtex  Read Replies (3) | Respond to of 65232
 
JW - Reovery? Yuo must be kidding. The NAZ is up toi its usual nonsense of +3% down per day and very few are talking about what this is. It is the worst crash in history and Mr G has blown up the entire World economy.

Sooner rather than later the consumer is going to evaporate then what?

Well done Mr G. Quite right to have worried about the NAZ in 1999. I wonder how many unemployed he would like to see?

He has certainly put one or two people off ever buying equities ever again. Maybe he just doesn't like the stock market.

Wonder if we get a triple digit loss on the NAZ today? And just think we are only at the beginning of teh Sumer madness. What is the NAZ going to do for an encore in August and September as European business dries up totally and the Japanese economy simply ceases to exist!

Best regards,

L



To: Jim Willie CB who wrote (38627)7/6/2001 5:05:09 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Take two prozac & call me in the morning :-If you don't, then give them to me.

Today was fugly. I hate this market. I got the trend right, but not the timing for my trades. I'm mostly making money...... only one loss in the last two weeks...... but nothing to write home about.

Me thinks the market will go down to test the April lows......... but the bulls are buying every stinking dip.......... except today. NAZ is looking a bit oversold in here, but it can get much worse before it bounces. Stocks are on both sides of Max Pain. Put/Call ratio closed @ .9 which is a bit extreme (bullish). VIX & VXN spiked up today, but they could go much higher (bearish).

What to do..... what to do......

Looks like warnings are slowing down...... only three so far this afternoon.........
Sportsline.com (SPLN)....................
NetScout Systems (NTCT)..................
TeleComm Sys (TSYS)......................

Oh well, as Larry Kudlow just said......... 'Things turn darkest....................... just before they turn completely black'.

pritchettcartoons.com

OOF :-
Tomorrow I get to see Billy Squire, Bad Company & Styx at the PG Pavilion. We're going early to tailgate with some folks. Will make it an all day affair. Tues I return to see Jackson Browne & Tom Petty.

Rock 'n Roll baby!

Hey JW! Want to take the boat out next weekend? Let me know. Bring yer bathing suit & we'll bounce & drag your butt around on the float tube dude ;-)

Have a great weekend everyone!

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