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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (4522)7/19/2000 12:51:03 PM
From: John Graybill  Read Replies (3) of 436258
 
In retrospect, Monday sure is starting to look like it was the blowoff day for a lot of stocks. I can't picture TER getting back to 78 any time soon, JPM back past 134, NSM past 56, etc.

And it is *very* interesting (and rare) that we are selling off during expiration week. I suppose the excuse at the end of the day will be tomorrow's Greenspan speech. BS, of course, both the speech itself and as an excuse for today's market action.

Downgrades on MSFT *and* INTC today. Let's see somebody sell a big block of both of those turds and push Dung past down-100 and be done with it.
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