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To: Augustus Gloop who wrote (686)10/5/1999 3:20:00 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 9427
 
I also wanted to add that my personal belief is that today's fed action and subsequent market performance (so far ) is a gross overreaction. The Fed didn't raise rates they just iced the market with the possibility of an increase in the future, which I believe will not happen this year. I hope that what occurred today scares the daylights out of people so it creates the buying opportunities I?ve been hoping we?d get.



To: Augustus Gloop who wrote (686)10/5/1999 4:29:00 PM
From: Tommy Dorsey  Respond to of 9427
 
Yes it was also the chart that caused Sue to give me TV Guide for one of the three stocks on CNBC. Bought out yesterday. Those in the know operate early on in a stock and as they operate buying or selling it shows up on the chart as a general rule. Even thought the DOW has held up well the past few days but the Advance Decline line has not. REality is money was lost by Mr. Jones. T


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