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To: Seldom_Blue who wrote (6058)4/5/2000 4:02:00 PM
From: Poet  Respond to of 8096
 
Unfortunately I agree, Seldom. I was getting worried when the Naz rallied hard during Greenspan's speech. I'd rather see the market blush and move up, newly humbled, before we begin our next mad rush skyward....

But I DID manage to sell some BRCM April 200 puts (RDUPT) just before the close. <G>



To: Seldom_Blue who wrote (6058)4/5/2000 4:11:00 PM
From: SecularBull  Read Replies (1) | Respond to of 8096
 
We're rid of the panic sellers and speculators, but we need another rally followed by a sharp sell off to move higher, IMHO. This will give those with staying power, who want out, an opportunity to flush in an orderly fashion. Looking to load up on that drop.

Just my opinion.

LoF



To: Seldom_Blue who wrote (6058)4/5/2000 5:37:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
Just got home and see that CRA is up on clarification by Clinton of gene remarks. I haven't read any transcript of what he said, but I find that interesting. There were a lot of precipitating events for this "correction" (which would've come sooner or later I guess) but among them was the Clinton/Blair speech. That sent biotechs tumbling, and after that was Abby, then MSFT, etc. I'm reading between the lines, but: it's interesting times when a president probably feels responsible for gyrations in the stock market i.e. economy--and worries that republicans will use it against the democrats--i.e. government interference in good old capitalist sentiment.