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To: d. alexander who wrote (38489)	10/24/1999 1:18:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

I think a very short sighted explanation for that late sell off has been that Cisco was rumored to have a negative earnings report, but they had a good one after all and traded about 3/4 of a point in the aftermarket..... now, the chart of that stock has just given an outside reversal day and I think this is yet another case of buy on rumor sell on news for that stock..... I think the better and more likely explanation of that sell off is that it had little to do with that company but that smart money is getting short for the next leg down in these markets..... GZ

To: d. alexander who wrote (38489)	10/24/1999 1:41:00 PM
From: Matthew L. Jones	Read Replies (3) \| Respond to of 44573

This market is like a parochial school kid who was cussing on the playground and he thinks that the nuns have an inside track with God. The overwhelming guilt... this thing is so beaten up that if we manage to string together two consecutive days of uptrend, everyone starts looking around for the all knowing sister Mary Martha and her ruler! Come on... lets get real here. This CSCO rumor spooked the market who is already feeling extremely guilty for going up two consecutive days. As soon as the rumor was discovered for the lie it was, the rally resumed (but we ran out of clock). Matt