Richard Ney and the Wall Street Gang Message Board

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Pastimes : Richard Ney and the Wall Street Gang

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To: ccryder who wrote (20)	11/17/1997 8:45:00 PM
From: BenYeung	Read Replies (1) of 492

In today's rally, it went from 160 to 140 within the last 20 minutes, showing that specialists have the intention to take the stocks lower tomorrow at the opening. And then, it might rally again to unload stocks in the afternoon. It might take several days of intraday decline and rally to take the Dow down a bit at a time. This is indeed a painful process for them, as a lot of traders will short/sell at the highs and cover/buy at the lows and minimized specialists' profit protential. What are the details of the 10th largest bank in Japan? I would like to know. Japan, as a giant is currently part of history, just as the Brits had the biggest navy and colonization power in the world. I certainly wish that the currency crisis are over and authorities take steps to change the currency system (maybe an international currency). The Iraq conflict might be another good excuse to drop the market, and the chances of a war is imminent.

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