Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (44884)	11/30/1999 8:37:00 PM
From: KeepItSimple	Read Replies (4) of 94695

>but there really has been a bubble and I believe it just burst..... WRONG. The S&P advisory board pulled the bubble back from the bring today when they added Yahoo to the S&P500 after the bell. Amazing that Yahoo could go up for 4 weeks, nearly double, never have a down day.. And then as soon as it drops 14 points in one day and appears to be reversing, BOOM, we've just decided to add a company with 120 million in revenue (80 percent of that is interest income, btw) to the S&P 500. And you know what? It worked. The futures which had been tanking reversed, yahoo is up 30 points in after hours, and every other internut has reversed afterhours. These guys are playing you shorts like a fiddle. Give it up. As I've said 100 times, this bubble will continue until it DESTROYS our economy. That's a way off. When I say destroy- i mean destroy. I don't mean a market correction. I mean the utter destruction of our economy, and quite possibly the collapse of the US dollar. It'll be so bad that children will be taught the dangers of speculation in grade school, in an attempt to get the gambling bug out of our society, lest it destroy us again.

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