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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (24269)	10/3/2000 10:22:44 PM
From: LLCF	Read Replies (2) of 436258

<Joe G. is an old codger and last night he had a gleam of craziness in his eye as he totally took Neil aback with a prediction that this October will be the worst ever. And he then unequivocally told the audience to get out of stocks totally and go to T-bills. Cavuto had obviously lost editorial control as Joe further launched into a refutation regarding the rotation into so called value stocks, which has resulted in a stiffening of breadth in the market. Joe G. used the analogy of the Titanic going down,- when the bow went down the stern went up, and everybody ran to the stern. He finished by stating that the same defensive stocks that are surging today (tobacco, utilities and drugs?) were the same ones that surged prior to the 29 crash. > Ho ho... great stuff... I can just see Cavuto "mumbling" and stumbling totally dumbfounded. About time some people are hearing possibilities like this. DAK

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