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To: Gord Bolton who wrote (49041)2/14/2000 8:56:00 PM
From: long-gone  Respond to of 116758
 
Gord, there are some trying to knock it down, while other are supporting it & trying to do their jobs well. IMHO
you simply can't make accurate general statements that begin "The producers are".



To: Gord Bolton who wrote (49041)2/14/2000 9:16:00 PM
From: Zardoz  Read Replies (2) | Respond to of 116758
 
Well guys it looks to me like the producers are demonstrating, to each other and to us all, their own ability to knock the price down as the clock goes around.

Unless. Maybe there is another solution. Supply and demand mean something, and there aint enough demand to keep the POG at it's lofty high prices.

Hutch

Nah, the simple solution can never be the right one. I better go back and draw a direct connection between flaming posts and the POG. It seems that the intensity of the flames act to support the POG. <grin> So stop it you guys.



To: Gord Bolton who wrote (49041)2/15/2000 7:33:00 AM
From: long-gone  Read Replies (1) | Respond to of 116758
 
Edited by Ryan Troup with MoneyNews.com Staff
For the story behind the story...

Friday February 11, 2000 3:20 PM EST

Get Out The Dow 10,000 Hats... Again!

In the spirit of productivity gains, it appears that the Dow Industrials are going to allow us to use our "Dow 10,000" hats again. Think of the labor time that will be saved!

Over the past several years, the buyers on dips have been rewarded on days of extremely high volume and sharp sell-offs. We just haven't had that this time. At least not yet.

Today's volume as of 3PM on the Nasdaq was approximately 1.5 billion shares. The New York Stock Exchange volume was approaching 850 million shares. Further, the declining versus advancing issues were at a 5:4 ratio on the Nasdaq while the NYSE was a 2:1 ratio. These figures do not define a panic sell-off.

A panic sell-off would be when most (cont)
newsmax.com