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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: SouthFloridaGuy who wrote (96473)4/14/2000 8:41:00 AM
From: SirRealist  Read Replies (1) of 108040
 
To all:

Stock Operator said: To attribute this selling to tax reasons is ludicrous. To compare it to last year is even more ridiculous. The Nasdaq wasn't down 25% before tax day this time last year.<<<

I also attributed it to strong tech stocks last fall hitting lockup expirations.

Now it appears the market was being driven down in anticipation of today's economic numbers. Were it not manipulated down over the past month, the panic today would be immense. Instead, we dip a bit more, but the worst will be over by Monday.

Thus, I stand by my assessment, that this ends completely Tuesday. I will debate it no more; let us see... further speculation is jawflap.
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