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To: Bill Harmond who wrote (100534)4/14/2000 1:49:00 AM
From: GST  Read Replies (1) | Respond to of 164684
 
William <worst> yes. The kind that periodically sucks you into putting money in in the hopes that the worst is over for net stocks -- only to have them reverse soon after and go much lower -- repeating this pattern until the damage is severe to high risk takers.



To: Bill Harmond who wrote (100534)4/14/2000 2:00:00 AM
From: dbblg  Read Replies (1) | Respond to of 164684
 
lol, that reminds me of that day in 1998 when the market seemed to be melting down. Someone sent me a massive e-mail which took forever to download. While I was waiting, I noticed that the financials (which I was massively short, having worked my way up the food chain from subprime lenders to MER and GE) were suddenly falling slower; MER actually went green for a bit. I scrambled to cover, even though up until then I was certain I could see 1929 in the charts. A few days later, AG announced the intraday rate cut, and the market, which had already recovered considerably, exploded upward.

The e-mail which took so long to download? Someone had sent me a clip of a grizzly bear mauling that computer animated dancing baby they used on Ally McBeal...I think that's the clearest sign of a bottom I've ever received...