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To: Cynic 2005 who wrote (70100)10/19/1999 5:48:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
let them get excited... they'll take it up in the morning and bonds will slide... then the trade numbers will hit and bonds will get smashed and then stocks will start sliding... time to tank. MSFT ain't gonna stop it...

but it'll sure suck in a bunch of suckers in the morning... i assure you.



To: Cynic 2005 who wrote (70100)10/19/1999 6:06:00 PM
From: Imuah  Read Replies (1) | Respond to of 86076
 
The street will wring every last bit of up they can get out of it in the short term.

I keep thinking about '87 and how bonds just kept dropping and stocks just kept heading higher. I wasn't watching tick by tick back then. Read about it later.

I wish I had a website set up. I have a long term chart of the Dow going back to 1915 with a 500 period linear regression line drawn through it. There two very salient features in that chart. One is 1929 and the other is now. The Dow in each case is over 120% above the linear regression line, which is at about 4000 at present.

That and 5 bucks will get you really good latte