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To: jbe who wrote (46511)4/15/2000 3:01:00 PM
From: SBerglowe  Respond to of 99985
 
I concur both as a technician and as an astrologer.
Let's recall Richard Nolle for the month of April:

"It's a kind of an animal farm cycle of metamorphosis in the
markets: the bulls become greedy hogs in the first half of the month, and then the bears slaughter the hogs in
the second half. A hedge fund in trouble, a legal decision that jeopardizes the survival of a company
(or even an industry) . . . Remember: over-valued speculative issues remain in a bubble bursting phase
this month and next.

Since we are yet to begin the second half of this month...I Susan, will say: "It ain't over...by a long shot!"

The planet potenates rule!!





To: jbe who wrote (46511)4/16/2000 1:36:00 PM
From: Eddy Blinker  Read Replies (4) | Respond to of 99985
 
<<It suggests that a machete-carrying crowd is moving from industry to industry>>>

jbe,

Your posting is confirming to me that there is "method" behind it all, which in turn points to sophisticated trading software which the majority of the 3000 or so Hedge Funds command.

That the ordinary trader or investor get`s caught up and his or her life savings vanish in the black hole is the ultimate goal of the Wall Street Gesindel.

<<they ALL had negative p.e.'s, or very high ones (over 100); most showed little, or negative, eps/cashflow/sales growth in the past year -- but at the same time, most had high projected 5-year-growth rates (based on what?).>>

I checked it out. You are right.

This "financial cleansing operation" will hit on Line brokers which successfully have sliced away big pieces of the Wall Street cake so far.

Regards,

ED