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To: Mao II who wrote (4316)9/22/1999 2:30:00 PM
From: Night Writer  Respond to of 12662
 
Well let's hope there is some great news / spin that we have missed. This market needs to find a bottom pretty soon. I think it has "corrected" enough over the last few weeks. I'm tired of bad news and ready for some good news.
NW



To: Mao II who wrote (4316)9/22/1999 2:43:00 PM
From: Night Writer  Read Replies (3) | Respond to of 12662
 
Here is a morbid market thought.

U.S. TRADING SUMMARY: Stocks were mixed in late morning trading
on Wednesday as lingering worries about a weak dollar weighed on
the market. Ned Collins, head of trading at Daiwa Securities
America, said the market was weighed down by concerns about the
dollar, uncertainty about interest rates and a slump typical for
September and October. "I don't think there is any real impetus
for the market to do anything for a while," he said. "There is
just lack of interest." Analysts said the sagging stock market was
approaching key technical support levels. A drop through them
could trigger a further downward spike. "When sentiment changes,
it's hard to stop, and you're possibly approaching that level
now," said Barry Hyman, market strategist for Ehrenkrantz, King
Nussbaum Inc.