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To: Sam Sara who wrote (778)4/4/2000 2:31:00 PM
From: Boplicity  Read Replies (2) | Respond to of 13572
 
From Crammer:

<<My second crash. Can't call it a mini-crash. Too dramatic.

The rules for a crash aren't broken out often. Dusting mine off from '87 I find that all day people who didn't know the market was crashing catch the news and start panicking when they see it.

That means making sure that what you have you love because you will have a chance to buy more of it in the last half-hour.

What turns it around? Here's a checklist of things you need to see because it worked in 1987:

1. Statement from Fed saying that this the system will hold.

2. Statement from a bearish strategy saying, "it is time to get long."

3. Statement from Abby Joseph Cohen saying "the opportunity is back."

4. Large repurchases by companies that had not previously thought their stocks were cheap.

5. A statement from some brokerage houses that margin debt is now down for the year.

6. A preannouncement from some company key in tech saying everything is okay.

7. A collapse in oil.

Could these happen? In 1987 everybody said they couldn't, but it did. Something to think about.

Random musings: Bought some Nokia (NOK:NYSE ADR) and Nortel (NT:). Using 10-point scales (meaning waiting 10 points between buys) and we still got hit. Just bought some Cisco (CSCO:Nasdaq) and Intel (INTC:Nasdaq). Have now committed 20% of sidelined cash..>>

From the Greg!

I started buying, JDSU, CSCO, ORCL, SUNW, and DELL The selling went too far, and sure we could go lower I have tons of more money to put to work I will add to those I listed above

From Cowen:

14:20 ET Cowen On The Market : Believes that correction is 75%-80% over; says fundamentals of the economy remain solid and that the tech sector is in good shape; would be a buyer of large-cap names.

From my dog:

Ruff Ruff! I ran it through the Alta Vista translator and got the following: "walk me you idiot or I'll pee in the floor"

From Me to my dog!

I dare you!

G