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To: BigBull who wrote (78850)11/13/2000 2:31:18 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
Looks like Naz closes over 3000 OSX may rally back to 115 as well. Whew! what a day! I think the PPT was definitely at work today, IBM was the key. They love to stop a crash by defending IBM. Still a pretty grim day for the broader indexs.



To: BigBull who wrote (78850)11/13/2000 2:48:22 PM
From: isopatch  Respond to of 95453
 
Guess they're stuffing cash in the mkt & votes in FL ballot boxes<G>:

Wonder how much cheese throw at this decline with those book keeping entries into the Exchange Stabilization Fund before alarm bells start to ring somewhere....

"GREAT CAESAR'S GHOST", it just hit me.

OK. This is ONLY a theory. But it does pull together some pretty strange news that has barely been reported by the networks (as usual).

Believe it was a Fox news show about a week or two ago that interviewed one of the congressional committee chairs. Don't remember who it was (though sure it wasn't Burton).

He revealed that committee contacts with the various cabinet department's revealed their internal finances are in such disarray that the overwhelming majority can neither perform the usual audit, nor close their books for this fiscal year!

Yes, it is normal for our inefficiently run government agencies to have problems with their books. BUT in recent years he chronicled how much worse it's become. And this fiscal year is essentially amounting to a collapse of any kind of minimal level of fiscal mgt by almost all the major cabinet depts. What does that mean?

He went on to say that apparently the paper & computer trail for billions and billions of $$ from at least 6 different departments has "become" so confused and chaotic that they can't even account for how much money they received!! Let alone WHERE it went.

DUN, dun, DUN, dun, DUN, dun....

AHEM!!! You don't think that maybe a few of those dollars happened to find their way into the ESF do you??

Nay<g>.

Isopatch



To: BigBull who wrote (78850)11/14/2000 2:38:42 PM
From: Timelord  Respond to of 95453
 
Love that SII, it's a monster when it moves. Made some good $$ trading it, but it chews up a lot of margin <g>.

The Maginot Line held at the closed gap. Barring any really bad API/DOE #'s, looks like we're off to the races again. So far, those candle squiggles are a thing of beauty <gg>.

Alex