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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (31591)5/25/2000 4:23:00 PM
From: Jerry Olson  Respond to of 50167
 
OX

thats what i was thinking..crash city if that gets blown out...



To: OX who wrote (31591)5/25/2000 11:52:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 50167
 
if we did that today, we would have had a major crash of ugly proportions. glad we were able to spare humanity that experience

Hey OX, What's wrong with a major crash once a decade!

Its not like the world will end. Besides, I'm sitting on a ton of cash and would be pleased to put it to work at much lower prices LOL.

I imagine the world is expecting the worst, so the diabolical plan is up for Friday. I agree with GZ, the day was still an up bar. A break of Thursday low is needed to set the crash scenario in motion.

I will say that market internals, particularly cumulative volume, do not look good - and the NYSE is now joining the party in a more significant way. Perhaps if the drugs were to topple, things would really get moving, as they are one of the few hold outs.

My gut says the pain is not over but that doesn't mean its a straight line down from here.