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To: Benkea who wrote (51991)5/24/2000 5:20:00 PM
From: Boplicity  Respond to of 99985
 
SO over all it adds up, leading to a wimpy bottom, which I don't want to see, since that will lead to an extended back filling and test period. or do you disagree with that last part... I'm trying to make sense of the bottoming process.

Thanks,

Greg



To: Benkea who wrote (51991)5/24/2000 5:43:00 PM
From: yu  Read Replies (2) | Respond to of 99985
 
Benkea,

If there is no buyer and only sellers, do not you
think the price would have gone down even more?
The selling in the last few days seems to be so
"ordered", does not seem there is the panic
capitulation selling.

yu


Message #51991 from Benkea at May 24, 2000 5:11 PM ET
Gregory:

"I would of rather seen more vol. on the downside."

There have been several almost 10 to 1 (or 2) - 1 bil share downside days lately. I think there was plenty of selling, but the volume was lighter because there was no buying. Further, there was considerable "buying power" taken out in the April 18 debacle.