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To: Kirk © who wrote (8964)9/29/1999 4:55:00 PM
From: Boca_PETE  Read Replies (1) of 15132
 
Kirk: re: < Maybe we could fall through present support again if any more "Balmerizations" occur. >

I don't see the similarity between the current effects on the market of Balmer's WORDS, and last falls effects on the market of REAL EXOGENOUS EVENTS like the bailout of LT Capital Management Hedge Fund and the Russian currency devaluation.

I'd agree that the market is very vulnerable to the occurrence of any real exogenous events, but I'd think Balmer type comments would only have a temporary effect on the market.

P
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