C-Cube Message Board - Msg: 11568737

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Technology Stocks : C-Cube

CUBE 36.52

+0.3%

Dec 12 9:30 AM EST

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To: John Rieman who wrote (46158)	10/15/1999 5:21:00 PM
From: Craig Gordon	Read Replies (2) of 50808

Todays market reminds me of 1987 just before the crash. The good news is that Monday is October 18th and not October 19th. The S&P 500 index closed on the week under its 200 day moving average. A sell signal. If the market unravels my crystal ball puts us at 8900 on the dow. It puts Cube at 27. We will know more on Monday morning. How they bring the market back after they take it down on the opening will tell the story. If the dow is only down 100 points on the day we will have had an excellent day. I am not being negative, just realistic. 1987 was much worse than 1999 could be at its worst. Let's face it it is ugly anyway you look at it.

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