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To: KeepItSimple who wrote (63853)6/22/1999 4:34:00 PM
From: dbblg  Read Replies (1) | Respond to of 164684
 
Look for a big gap down at the open across the board tomorrow
morning, followed by continued selling. There will be no dead cat
bounce until these stocks lose 90% of their value.


Given that, will you hold your puts this time? Or trade out at support again?



To: KeepItSimple who wrote (63853)6/22/1999 4:34:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
The last 5 day rally was nothing but short covering across the board. Anemic
volume.<<
All short covering my A$$ ... go ahead double down Kiss.



To: KeepItSimple who wrote (63853)6/22/1999 4:59:00 PM
From: Sam Citron  Respond to of 164684
 
> This is the only way the mania can end- all the internut speculators MUST be wiped out.

Yes, and the invention of the railroad, automobile, jet plane, telegraph, telephone, and computer chip also produced financial mania or waves of Schumpeterian creative destruction, choose your own metaphor.

Investors in the right companies made millions. Others lost their shirts. So what's new?

If you take a serious look at the intersection between the history of science and finance, you will find a vast difference between tulipmania and Yahoomania. Yahoo is anything but a commodity fetish.

You yourself are the paradigm of the internut speculator (or did you think that you are an investor?). Hence, you are saying that you must be wiped out. QED. <G>