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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (14583)	2/13/2002 6:30:21 PM
From: Rich1	Read Replies (2) \| Respond to of 23786

Cheif thinks we have a potential for a huge gap up in the morning.. Carpino thinks high Thursday/Friday and many lows next week.. DWA thinks no support for a long drop.. Zeev thinks 1720/50 Whats one to do...

To: Jorj X Mckie who wrote (14583)	2/13/2002 6:34:47 PM
From: Oral Roberts	Read Replies (1) \| Respond to of 23786

I think the fed over reacts just like investors. I think he should raise rates and do it now. My big key has been business people that I have watched saying I don't see an economic recovery in the near future ala Gates and Welch for example. I think stocks are priced for a v bottom with recovery and growth beginning again this year and I don't see it happening and I suspect others are starting to see it the same. Look at every earning call's forward statement. Cautious would be an understatement and yet investor's think we go to the moon from here. Someone is wrong and I think we are close to finding out who. Anyone that can read any kind of chart they want to look at says we have not broken the downtrend so I really don't understand the bulls at all. Play the bounce's sure but to really be hog wild bullish before we break that longer term downtrend is borderline nuts IMO. We all know that I'm nuts so perhaps I am the problem. A year from now we can stop back and decide who should be put in the huggy suit and who shouldn't:)