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To: MythMan who wrote (55873)	8/10/1999 2:51:00 PM
From: epicure	Respond to of 86076

if we had a 500 point drop and some volume I could see going long for the bounce- but this is a pidly sell off

To: MythMan who wrote (55873)	8/10/1999 3:00:00 PM
From: Terry Whitman	Respond to of 86076

Actually- I just got a BUY on the SPX (short term). <ng> Gather your powder for the next Sell- The next one may be MUY GRANDE.

To: MythMan who wrote (55873)	8/10/1999 3:01:00 PM
From: Defrocked	Read Replies (2) \| Respond to of 86076

Sometimes you gotta let the fish take the line out to land him. Rallies are still to be sold and the 200DMA for SPoos is all the way back up at 1295. Appears to me someone in Inut portfolio management land was trying to make a statement here in the last 30 minutes. They'll probably do it a couple more times before the close. Let me say it again: stocks are trading more and more like currencies IMHO. What we're seeing is "intervention" plain and simple with a big position player and scrambling shorts bidding simultaneously. BWDIK.