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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (26074)4/14/2000 2:25:00 PM
From: Street Hawk  Read Replies (1) | Respond to of 42523
 
This sell off is too ordinary. NO panic out there.

Lots of complacent bull-headed permabulls looking for a bottom. We're not through yet, all key supports have been squashed. The dipsters need to be mauled before this is over with.

This is going to be worse than fall of '98, the i-nut valuations are still filled with conceptual idealistic idiocy. And there are many many more of these idiotic companies public than there were in '98.

Supply of recent crappy IPOs and lockup expirations and secondaries will put this market into a long coma.



To: IceShark who wrote (26074)4/14/2000 2:25:00 PM
From: Defrocked  Read Replies (2) | Respond to of 42523
 
I thought we were going to see another
lock limit down a moment ago. Still may. Remember this
CME trading rule?

"After 1:30 p.m. (Chicago time) the NYSE will not halt
trading at the 10-percent level. Therefore, if the
CME's 10-percent limit is reached after 1:30 p.m., it
becomes a "speed bump," in effect for only 10 minutes,
with a two-minute trading halt if the market remains
limit down at the end of that period."


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