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


To: Murrey Walker who wrote (54037)7/24/2002 10:30:52 AM
From: im a survivor  Respond to of 65232
 
<<Keith, long time no see (so to speak). Good to see you around!
You've got to be kidding about Mr. Naz going down to 500! I agree that the bottom is hard to determine around here, but there's only so much blood you can squeeze out.

Me personally, I'm the cash meister and have been since the start of the year.

Just waiting for the waters to clear.

>>

Hello Murr.....nice to hear from you...hope you have been well.....naz 500...well, I have no idea...I was just dreaming of the potential gains to be made if we actually dropped that low.....and although many laugh at that prospect, including myself.....I also laughed when people speculated naz would be 2000, let alone 1200...so, this market has shown me that absolutely anything is possible....and look how bad S & P 500 have been getting killed....I never thought it would drop this low, yet it probably has much further yet to fall....anyway, we overdid it to the upside, and we will over do it to the downside.....I just dont know what the bottom will be, or when <ggg>....and world events and the cheating in corporate america certainly arent helping things......who knows....maybe this is some big orchestrated plot by the big boys.....manipulate the market so far down to unheard of levels....to the point NOBODY wants to own a stock...and then the big boys will buy up all the msft they can get for $10 and all the INTC for $3, and all the Csco they want for $3.......and then back up they will run it.....just thinking out loud....frankly, i've never seen the markets look uglier...maybe thats a good sign, or maybe it means the markets are in for many years of gloom...I have no idea....stay in touch...nice to hear from you....

Keith



To: Murrey Walker who wrote (54037)7/24/2002 6:19:35 PM
From: Percival 917  Read Replies (3) | Respond to of 65232
 
Hi Murrey,

Don't be too surprised to see the Naz at 500 and the Dow at 5000 by spring of next year. We were due a rally but what is going to sustain it??

Later
ED