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To: josh tanner who wrote (32587)	10/31/2000 11:38:01 AM
From: pater tenebrarum	Respond to of 436258

well, 165 NDX points is anyway more than enough for a one day move. the historical average one-year performance gets nowadays routinely squeezed into a single day...it's a truly insane, dysfunctional market. imo the huge one day moves also indicate a lack of liquidity...and it all looks a bit contrived, a la "it MUST go up here". how many clowns trapped in fully margined tech longs will use the rally to get out? it's a trick question - the answer is of course, not a single one! -g-