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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: marquis103 who wrote (90424)	3/30/2000 7:57:00 AM
From: sam	Respond to of 108040

Selling wont end till Acampora tells us he is "taking money off the table." ;) A negative open may actually be good news. Lots of the last of the margined and weak holders will be sacrificed to the mm gods. It's what they want...and it appears to be what they are gonna get. Then they start picking up the bargains. If not today, then tomorrow at the latest imo. This isn't easy (to say the least), but bottoms never are...and there is more pessimism on SI as I have seen in two years.

To: marquis103 who wrote (90424)	3/30/2000 8:04:00 AM
From: stan s.	Respond to of 108040

>>>>but I sure feel stupid for spending cash on what looked like "bargains" on the way down. <<< Hi Russ, that's exactly why I hope we get a big downdraft at the open. Capitulation, that could set the stage for a possible later day rally. It doesn't even matter if it's an up day (though it may well be) but rather a day where the close is higher than the open. These head fake, repeated, failed rallies at the open are not good, they are unsustainable as the day wears on. We've had far too many in recent days (abbyday exception). Let's get the drop done early. Stan