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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (11417)	8/18/2001 11:21:56 AM
From: DebtBomb	Respond to of 208838

Ha ha, me thinks not yet 2MAR$, you know where I think the Nasdaq is headed though. It's hilarious how the talking heads said after the first rate cut, you have to BUY!, don't fight the Fed, once the Fed starts cutting, we'll have a new bull market. They said the same thing after the 2nd rate cut, the 3rd, the 4th, the 5th, the 6th, and now they say---number 7 won't matter, LOL. CNBC had talking heads on all day yesterday saying another 1/4 point won't matter. They are so FOS. And, then they said all summer, the low was in, set in April, now they are saying we may retest the lows, LOL. No wonder the VIX popped. CNBC talked down the market. If we go down - they are bearish, if we go up - they are bullish. It's amazing the affect they have on the market. Volume was low yesterday, almost pathetic. I don't read much into it. Half a dozen of the stocks I poked on Thurs. and Fri. we're up from where I bought them, some of this stuff is getting short term washed out, IMO. You can only squeeze so much water from a rock, hee hee. Indicators are telling me we're going to pop soon. Doom and gloom is thick, INTC to lower bol. band, MSFT to lower bol. band, VIX popped, put/call at significant highs, etc.. But, I have to say, if these global markets crash on down Sunday night, we might just keep on selling. I think the ECB needs to get off their butts and cut rates. If you check quotes though, some stuff didn't sell much yesterday, and a bunch of stuff went up. The biggies had a big impact on the markets losses, INTC, MSFT, IBM, F, GM, DELL. I am not going to read much into it. The Nasdaq is red now 9 days out of 11. I hope Carpino is right this time on cycle lows, LOL.