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


To: stockman_scott who wrote (51148)5/9/2002 12:27:31 AM
From: Jim Willie CB  Respond to of 65232
 
excellent digging, Scott
short cover rally during news vacancy period
oversold stocks rose to meet 10-yr moving avg, wow
that is deep
next comes the gradual erosion, which can no go lower than Monday's close

I regard the Cisco earnings report as sameold sameold
the critical element was NOTHING HORRIBLE AHEAD

I await that report's dissection for creative accounting
as for their forward guidance, it should have read:
WE HAVE NO FECKIN IDEA

as for traps, I regard Dow, S&P, Naz as all exhibiting BEAR TRAP
not gold, which might pullback more and consolidate
thanks for the several good perspectives
they didnt mention the "time capsule" concept though
maybe they did, with alternative language
/ jim