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To: Lucretius who wrote (49272)12/19/2000 4:14:23 PM
From: chic_hearne  Read Replies (2) | Respond to of 436258
 
I'm seeing more big drainage afterhours. Kind of reminds me of the Intel warning when the futures were lock limit down, we opened about 250 down, then rallied all f*cking day. Hope we don't repeat that chit. Let's get it over with. Tomorrow we MELT.



To: Lucretius who wrote (49272)12/19/2000 4:28:47 PM
From: yard_man  Respond to of 436258
 
Scrooged?? Is that the same as f*cked? <vbg>

>>"The market needs to have interest rates cut," said Lewis Borsellino, CEO of TeachTrade.com, told CNNfn's market coverage. "I Think the Fed has overdone it."

Though expected, the decision postpones any rate cut until late next month, during which period companies are expected to continue warning about the profit shortfalls that have plagued the markets since Labor Day.

"Apparently those Nasdaq traders are feeling a little bit Scrooged," said Richard Yamerone, director of economic research at Argus Research. "They had these visions of an immediate rate cut. It seems they are going to have to wait."

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