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To: radames who wrote (24304)10/14/1999 11:09:00 PM
From: Moose  Respond to of 27307
 
but if the number is strong then couples with greenspans remarks we may tank tommorow big

I'm sure we're in for a HUGE tank in the am regardless of the PPI. I suggest putting in a buy order for the open. MMs were looking for a reason to tank us. I've seen this so many times... it will tank at open and within 30 minutes, correct back up. But then again, lately the MMs try to fake us out at open only to pull the trigger 20-60 minutes after open. Either way, look for the DJ to drop 200 points... that will be your signal for a buy order. Go forth with confidence! Do not be afraid of the buy order. Be afraid of the SELL order!!

-Moose



To: radames who wrote (24304)10/14/1999 11:13:00 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 27307
 
If the PPI is strong, YHOO can tank more than 20 with Greenspans words. I am not predicting anything. Usually the bulls win out. But combined with the rates already at 6.32, a strong inflation # will cause a quick run up which will only retrace as equities come down. YHOO is already in a down channel. If PPI is strong, w/Greenspans words; YHOO will open up at today's low (167 area) and be in 150's by lunch. Not counting on it but do see the continued pattern of lower highs and lower lows. I do not see a strong upside under any scenerio tommarow. Just my opinion. Steve D.