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

To: Dalin who wrote (40232)	8/14/2001 12:27:11 PM
From: Dealer	Respond to of 65232

Another person's opinion! To:LG who wrote (81383) From: Temple Williams Monday, Aug 13, 2001 11:11 AM Respond to of 81390 Hi LG: Been a while since I posted anything. Enjoying a nice summer. I think the index moves in a fairly narrow range on Monday ... sideways ... in a stretchmark that lets the big money make decisions as to whether or not a serious bottom was reached this past week. Most of Friday, I was convinced the bottom had been made. Now ... I don't think so. I believe we go higher this week ... and we should break back above 1220.00 with ease ... perhaps even threaten the highs of early July ... but it's a fake out, shakeout, that targets lows near 1150.00 Spoos as the September contracts expire on the 21st. It will be a volatile 5 weeks in front of us. Here's something to consider: during the long bull market of the 80's and 90's ... October became a month to be feared. Now we have been in a bear market since March of 2000 ... almost a year and a half, with (imo) another 2 years to go ... and I believe that October will be a month to be feared by the bears, not the bulls. The coin has flipped. Trader's brain cells need to respect this alternation. From the end of September into early January, the market will make a spectacular (fake) run at new highs ... and fail miserably. I have updated the daily and weekly bars at the free site at sellnow.net and here's a 150-min bars chart that does not appear at that site.... sellnow.net

To: Dalin who wrote (40232)	8/15/2001 8:34:17 AM
From: stockman_scott	Read Replies (1) \| Respond to of 65232

08:25 ET Veritas Software (VRTS) 37.44: Morgan Stanley issues a note discussing the Veritas 10-Q filing from Monday; says that in fleshing out the etymology of its license growth, Morgan suspects the quarter will remain controversial; specifically notes that in backing out clustering/replication products, it appears that these products saw a sequential and year/year revenue decline, possibly contradicting the company's claim of triple digit growth. Morgan Stanley acknowledges that there are reasons why its analysis could be wrong. ________________ Dalin: Thanks a lot for posting your insights on being an OPTIMIST...They are clearly worth reflecting on. How's the boat? Best Regards, Scott