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To: Glenn D. Rudolph who wrote (110239)10/11/2000 4:23:34 PM
From: Danny  Read Replies (1) | Respond to of 164684
 
<<I believe we bottomed today.>>

I still want to wait. This isn't right. I mean with 2.3B
in volume and market closed toward the lower end
of the day, suggesting to me that pros are still selling
into the rally.



To: Glenn D. Rudolph who wrote (110239)10/11/2000 4:35:38 PM
From: fedhead  Respond to of 164684
 
I don't think so. The fact that we can't seem to rally
from these oversold levels is concerning to me. Plus
too many people are waiting for the traditional year end
rally and we know the market rarely obliges the majority.
We need people wanting to get out at any price . I believe
then we will see the bottom. We had some fear this morning. We need to see more of that. I still expect NAZDAQ to hit 2800 but that should be the bottom IMO.

Thanks
Anindo



To: Glenn D. Rudolph who wrote (110239)10/12/2000 12:03:17 PM
From: Danny  Read Replies (1) | Respond to of 164684
 
Glen, today maybe "the" day. The negative sentiment could
become really ugly this afternoon.

Ready and watching.... :)



To: Glenn D. Rudolph who wrote (110239)10/12/2000 1:43:01 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Glenn,
Have you ever been to Overstock.com?
>SALT LAKE CITY--Overstock.com's business plan isn't complicated. When it hears the thud of another dead e-tailer hitting the ground, it tries to drag the body away and rifle the pockets for valuables.
latimes.com



To: Glenn D. Rudolph who wrote (110239)10/12/2000 2:45:39 PM
From: GST  Read Replies (3) | Respond to of 164684
 
Glenn: It appears that a bottom for the market as a whole is nowhere in sight. Be careful. Another thousand points can come off the DOW in a heartbeat -- and the Naz could drop 500 in the snap of fingers. This is serious stuff.


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