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To: RDR who wrote (23533)8/6/1999 12:33:00 PM
From: CookiePuss  Read Replies (2) | Respond to of 27307
 
<<Day is not over yet so watchout<>>

Yes exactly. Why not wait until the trading day is over before posting doom and gloom? This way instead of wasting bandwidth with two posts you can waste it with only one.

Thanks



To: RDR who wrote (23533)8/6/1999 1:15:00 PM
From: garrick le  Read Replies (1) | Respond to of 27307
 
You know what ... Jim Kramer is a good contrarian indicator
from my experience.

GL



To: RDR who wrote (23533)8/6/1999 1:31:00 PM
From: Lucinos  Respond to of 27307
 
At this price, no one can be 100% sure what the next step is. The funds can push it up, and create a squeeze of short covering before the option due day this month. Or, they can break the support at the neck line of H&S, and knock down the price by another 20%, and prepare it for a big Sep/Oct rally. They are really at one of the best moment that they can have to easily manipulate the market.

By looking at the price/volume movement in the morning, my feeling is that even those professional players have not yet made up their mind about what to do next. They probably still worry about killing the goose that can lay gold eggs for them in the long run, if they really push the inet down through the support. This can be a dangerous move for them.

Lucions