Ron, when I turned on my trusty real time streaming portfolio, courtesy of SI, and saw INSP break below 10, I immediately said to myself, sub silentio of course, "Ron Reece predicted this might happen. I wonder what he will say," Now I know. December 15, 2000 is starting off like another Black Friday. Microsoft's warning didn't help, in fact, it may have precipitated the rush to sell today. If selling continues at this pace it may become the largest trading day on NYSE and Naz in history. By 10:00 more than 470,000 shares on the former and more than 530,000 on latter. Some of this may be explained by what I heard was triple witching day. December 15th is an ominous day in American History. When I was born, oh so many years ago, it was Income Tax Day. Naturally, it also is my birthday. Oh well. Easy come. Easy go. Have a good day everyone. I remain [ever so] cautiously optimistic about the remainder of the day. My motto will be, "Whatever comes down must go up, in defiance of the law of gravity."
Sy |
