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To: Voltaire who wrote (13115)4/14/2000 8:47:00 AM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
Looks like another ugly day is about to begin.



To: Voltaire who wrote (13115)4/14/2000 9:04:00 AM
From: aek2000  Read Replies (2) | Respond to of 35685
 
on cpi number, seems energy costs have found a backdorr into the core rate
core cpi up 0.4% which is more then expected and largest in 5 yrs

resolution day today, nazfutures were down 90 now unstable down 60, was down 47 sixty seconds ago

components to CORE rate---
gasoline +11.1%
energy +4.9%
airline +4.6%
transportation +2.5%
tobacco +1.1%

aek



To: Voltaire who wrote (13115)4/14/2000 9:08:00 AM
From: William Hunt  Respond to of 35685
 
Voltaire---from briefing.com April 14--before the CPI number---
Another miserable close, as traders took Nasdaq to within a whisker of last Tuesday's low... Normally impulsive lows like the one reached last Tuesday don't get tested right away... When they do it is a bad sign...If this floor gets taken out this morning, we could see a selling frenzy build into the weekend resulting in another major drop (300+ points)... Exactly how far down we go is anybody's guess at this point, but there has been nothing in this week's activity to suggest that the institutional investor is ready to come back strong into techs, and as long as the big boys remain disinterested any bounce will prove temporary.
Says it all

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