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

To: Murrey Walker who wrote (57261)	3/6/2003 6:14:30 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

red grape juice help Arthur's ritis. That sounds good. I like grape juice. Will get some. I am not bad just starting to feel it a little. Stiffness in the morning mostly........Once I get the engine going I am pretty good. This cold damp weather probably has a lot to do with it. Florida was kind to me. :-) Haven't talked to you in a while....Hope all is well. Thanks, dealie

To: Murrey Walker who wrote (57261)	3/6/2003 10:35:58 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

FWIW: This is from a paid service that I subscribe to. One persons opinion: The end game of the Iraq situation seems to be approaching, due to the rapidly closing weather window for military action and a series of U.N. reports and votes over the next 10 days. I'm sending you this Flash Bulletin because I want you to suspend all stop alerts for the time being. Here's why. Negative sentiment is building rapidly, which usually means everyone who wants to sell has sold and is waiting on the sidelines. Volume right now is low, with the ratio of average volume for the last four months divided by average volume for the last 12 months at its lowest level since 1994. That means volume has deviated below its recent average by the greatest extent in eight years. Half of all trading is computerized programs, and much of the rest comes from hedge funds and daytraders trying to scalp nickels and dimes. Simply put, the only action right now is from very short-term players who run the risk of getting burned in this uncertain market. What can we do in this situation? The best thing is to shift our focus out to OUR holding period and play OUR game, not theirs. Any stocks that hit my alerts after today we almost certainly would re-buy in a matter of days or a couple of weeks. I am not saying stocks can't go lower or even have a panic drop, but I think it would reverse quickly and be very difficult to time both the sell and the buy well enough to add value to your portfolio. That's why we want to suspend all stop alerts at the moment. In fact, because the market is likely to bounce quickly when the Iraq situation gets settled one way or another (either going to war or postponing it), I expect our next move to be buying stocks. I'll be sure to be in touch with you through Flash Bulletins and the hotline to tell you which technology stocks to buy first.