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Strategies & Market Trends : Rande Is . . . HOME
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To: Simon Thornington who wrote (48959)3/13/2001 2:17:05 AM
From: American Spirit  Read Replies (3) of 57584
 
YHOO threads are full of real panic and gloom. People predicting a major crash day tomorrow. Naz down to 1000, etc. Sign of the true bottom or what? If this gets so irrational if I were Greenie I'd step in with a surprise .50 point cut tomorrow then be open to another on the 20th. Volotile as hell out there. Could go either way. No one knows. Abby Joseph Cohen says buy and the shorts say sell quick at a los you're doomed forever.

Realistically, short-term, shorts or longs should be decimated. All the bad news seems totally priced in and a major ratre cut is definitely coming soon but you never know. We could drop hard again or rally back 20% in a flash. Mind-boggling. Personally I hope shorts get their asses handed to them. To much greed on the short-side now.
But I realize there's panic in the streets.

PS - The internet can't be finished. I use it 30 times a day.
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