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

To: stan s. who wrote (91834)4/3/2000 12:26:00 PM
From: Mike E.  Respond to of 108040
 
Makes ya wonder what would happen if bad news based in reality ever hit.

My guess (hope) is we recover to at least 4457 to stay in line with a possible base.


:+(

I'm guessing we hold 4300 and a rally from here but I don't know if we'll make 4457 by days end. Seems like low volume today and what little there is is mostly selling...

Mike



To: stan s. who wrote (91834)4/3/2000 12:31:00 PM
From: stan s.  Read Replies (2) | Respond to of 108040
 
Interestingly 4363 marks a 15% dip on a purely intrady basis from the high of March 10th.

That number doesn't count as the actual correction because it's not based on closes but rather intra numbers.

Still, a pretty big hit considering the relatively mundane occurrences it appears to be based on.

Good earnings still around the corner...the heavier the drop on the lighter the news = the bigger recovery, in theory.

Stan


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