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To: SliderOnTheBlack who wrote (54620)11/12/1999 3:19:00 PM
From: Think4Yourself  Respond to of 95453
 
When selling pressure dissipated for a short time about 40 minutes ago, the price rose rapidly. The stock doesn't want to be in the low 8's, at least not right now.

Volume today could be enough to liquidate the top two fund's holdings. When combined with yesterday's volume, the top 3. after third fund, holdings drop off very quickly.



To: SliderOnTheBlack who wrote (54620)11/12/1999 3:22:00 PM
From: ItsAllCyclical  Respond to of 95453
 
>> This reads as standard boilerplate disclosure over a sub $200M potential set aside imho... deadmoney at $7-$9, or a bounce back to the low teens <<

Slider, your question will be answered for you by the market late today or by mid monday imho.

If we stay around 8 on monday then the claims might be quite large otherwise if we bounce to 10 it's been overdone.

Just my .02



To: SliderOnTheBlack who wrote (54620)11/12/1999 3:23:00 PM
From: Aggie  Read Replies (1) | Respond to of 95453
 
Slider, hello

Got that right...mayhem, fear and loathing....I wonder what today would have looked like without the Veteran's day weekend. I reckon most traders - especially the MoMo's - are probably upstate today, leaving Jimmy Olsen at the helm.

My figuring puts MDR back around 12-13 by midweek, and potentially back to 17-18 at year's end.

Gary: Is this considered as tsunami in the E-Wave theory?

Anyway...batten down the hatches, lash yourself to a full whiskey bottle and we'll ride out the storm asbestos we can.

Regards to all,

Aggie



To: SliderOnTheBlack who wrote (54620)11/12/1999 3:24:00 PM
From: upanddown  Read Replies (1) | Respond to of 95453
 
Well, ladies and germs, maybe we need a short break from the MDR death watch. Rest of the patch chuggin' along and the rig counts today look good.

US 774 +11 (vs. 684 last year)
CAN 321 -15 (probably seasonal...last year was 199)
GOM 117 +4 (vs. 108 last year)
oil 150 +13
gas 622 -2

John



To: SliderOnTheBlack who wrote (54620)11/12/1999 5:25:00 PM
From: Crimson Ghost  Respond to of 95453
 
My only regret is that I did not buy even more FSESX than I did on yesterday's dip.

Looks like clear sailing to OSX 84-85 where I expect another sharp reaction.



To: SliderOnTheBlack who wrote (54620)11/12/1999 7:34:00 PM
From: Roebear  Respond to of 95453
 
Slider,
RE MDR, "Buy the cannons - sell the trumpets... if there ever was "panic" - this is it..."

I love the 'cannon trumpet symphony, its music to my ears.

Why do the institutions dump in a panic like this? It doesn't make sense to me either.
VTS was a previous example of this type of dumping and there were quite a few others. Seems like a biweekly occurrence in the patch, but this one is a 9.2 on the Richter scale of funds jumping off the cliff ~ or is it just the 12 foot giant being afrighted and trying to run through a 6 foot door?

Roebear