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To: Voltaire who wrote (13154)4/14/2000 10:14:00 AM
From: stockman_scott  Respond to of 35685
 
U.S. stocks open sharply lower in wide selloff

<<NEW YORK, April 14 (Reuters) - U.S. stocks dropped at Friday's opening in a broad-based selloff, jolted by higher-than-expected inflation that could lead to higher interest rates.

Just minutes after the opening, the Dow Jones industrial average (^DJI - news) was down 163 points, or 1.5 percent, at 10,759 points.

Already deep in bear market territory, the technology-laden Nasdaq composite index (^IXIC - news) fell 88.86 points, or 2.42 percent, to 3,587 points. The Standard & Poor's 500-stock index (^SPX - news) was down 19.63 percent, or 1.38 percent, at 1,420 points.

The Labour Department reported that the Consumer Price Index rose 0.7 percent in March. Economists polled by Reuters had forecast a 0.5 percent gain.

The core rate, which excludes food and energy, rose 0.4 percent, above a forecast rise of 0.2 percent. The increase was the biggest since January 1995.>>

V: Who's selling at these prices? It's not funny this morning...IMO, 'The Houses' need to get their ambassadors (like AJ Cohen) out for press conferences to reassure the investment community...:-)

I'm holding....it's too late to sell...We WILL weather this storm.

Best Regards,

Scott

BTW, look how far CMGI is off its highs....incredible...it will come back....may take some time though.



To: Voltaire who wrote (13154)4/14/2000 10:39:00 AM
From: LBstocks  Respond to of 35685
 
<deleted>



To: Voltaire who wrote (13154)4/14/2000 11:02:00 AM
From: Cosmo Daisey  Read Replies (3) | Respond to of 35685
 
V,
Do you really think the "houses" will step in and rescue the overextended margin players? To what benefit?
C



To: Voltaire who wrote (13154)4/14/2000 11:34:00 AM
From: ggamer  Read Replies (3) | Respond to of 35685
 
<<<tell all of your people to hang on.>>>>

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To: Voltaire who wrote (13154)4/14/2000 11:58:00 AM
From: Jim Willie CB  Read Replies (7) | Respond to of 35685
 
red rain, keeps on coming down, red rain, red rain
I be hanging on, but lost one testicle, my valued dextrous left index finger, and both pinkies

saw a promising job posted at Wendy's doing sales forecasting

I seriously thought 4000 would offer more support value
I thought 3800 would hold from last week

finally after today, I will get my first margin call
will sell all CREE and ELON shares, big losers

cannot offer much solace, having trouble typing with lost left index, gonna miss the letters "r,t,f,g,v,b" soon

the Keys suck, too many strange people
thanks, Poet, loved the time away though

one thing I can point to is that energy costs may have peaked
crude oil has come 30% off highs, gasoline down a nickel
beware of looking too much in rearview mirror

on the babefront, gotta love some of these CNNfn women
Rhonda Schaffler, Christine Romans, and that anchor blonde
not much for cleavage, but pretty faces, and all but the blonde are quite bright
/ Jim Willie