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

To: pater tenebrarum who wrote (34735)	5/23/2000 1:44:00 PM
From: Dalin	Read Replies (1) \| Respond to of 42523

they mention that the public hasn't even thought of selling so far, due to years of training. well, we know that.the implication being that we'll get a rout once they do sell. now what happens if they never think about selling? won't that keep the market afloat? .....I've mentioned this several times.........PEBKAC!! :0) D.

To: pater tenebrarum who wrote (34735)	5/23/2000 1:45:00 PM
From: LLCF	Read Replies (1) \| Respond to of 42523

<now what happens if they never think about selling? won't that keep the market afloat?> probably, but not in .com land where you've got all the insiders puking. DAK

To: pater tenebrarum who wrote (34735)	5/23/2000 1:49:00 PM
From: B.REVERE	Read Replies (1) \| Respond to of 42523

Saw a bit of bloomberg early this morning. This major trader from one of the houses dealing in nasd said that if the 3000 barrier gets broken, he fears all hell breaks loose. I'm not sure that an index number means that much to the IRA and 401k holders. A 10-15% daily drop on the close would convince the final holdouts to reallocate to bonds or mm's. Once that happens, the btd crowd will go into hibernation till interest rates reverse course.