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To: Voltaire who wrote (16503)4/26/2000 10:26:00 PM
From: Nichols  Respond to of 35685
 
Sing to the tune of Bye Bye Miss American Pie

A long, long month ago
I can still remember how the market used to make me smile
What I'd do when I had the chance
Is get myself a cash advance
And add another tech stock to the pile

But Alan Greenspan made me shiver
With every speech that he delivered
Bad news on the rate front
Still I'd take one more punt

I can't remember if I cried
When I heard about the CPI
I lost my fortune and my pride
The day the NAZDAQ died

So bye-bye to my piece of the pie
Now I'm gettin' calls for margin
'Cause my cash account's dry
It's just one month from a new all-time high
And now we're right back where we were in July
We're right back where we were in July

Did you buy stocks you never heard of?
QCOM at 150 or above?
'Cause George Gilder told you so
Now do you believe in Home Depot?
Can WalMart really save your portfolio?
And can you teach me what's a P/E ratio?

Well, I know that you were leveraged too,
So you can't just take a long term view
Your broker shut you down
No more margin can be found

I never worried on the whole way up
Buying dot-coms from the back of a pick-up truck
But Friday I ran out of luck
It was the day the Naaaaa-sdaq died

Bye-bye to my piece of the pie
Now I'm gettin' calls for margin
'Cause my cash accounts dry
It's just one month from a new all-time high
And now we're right back where we were in July
Yeah we're right back where we were in July.



To: Voltaire who wrote (16503)4/27/2000 5:31:00 PM
From: robjohnson  Respond to of 35685
 
Voltaire your post refers to upward pressure by the houses.
Are you referring to momentum from previous days volume or what ? which companies might the houses snare over the next days of trading? ancillary/primary question: which companies may be prey for houses to put their $ to work?
all comments are welcome
robthelearningtrader.com