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To: marginmike who wrote (42703)11/30/2000 7:25:21 PM
From: Shack  Read Replies (1) | Respond to of 436258
 
Check the "heinz-crash" charts. Usually one solid up day before the big flush. Here's the SP500 circa 1987. sharelynx.net

There are some interesting similarities to present day. In 1987, we had a dark hammer form after a multi-day downtrend which dipped intraday below support (like today), followed by an up day (like tomorrow?) followed by the beginning of the end (like Monday?)

Got week-end puts?



To: marginmike who wrote (42703)11/30/2000 7:31:21 PM
From: pater tenebrarum  Respond to of 436258
 
quite possible. apparently there was quite a bit of buying interest by the close today...