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To: flatsville who wrote (53334)1/3/2001 2:04:30 PM
From: Ginko  Respond to of 436258
 
This smells desperate...like someone big is in trouble

Barton Biggs was on CNN Money Line last night and predicted a bottom this morning and perhaps a 50% or more rally in the NAZ in the coming two months.

Nailed it all except the 50% may occur in two days <g>.



To: flatsville who wrote (53334)1/3/2001 2:04:54 PM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
This is desparate. No matter. I am not that eager to acquire new shorts/puts just yet. I am short the futures now on a single contract, but expect to book that any minutes. no way this orgy just disappears that quickly. If it does, then BK is gonna happen tomorrow, and we know that's a myth.

That was really something. Some chit was up 30%. Talk about exuberance. We are nowhere near a long-term bottom.

Having said that, I am proud/lucky to have gone to neutral yesterday and perhaps my notion that that last bottom was the one for a while will hold.

By the way, it strikes me as doubly desparate that first, it is between meetings and second, that it is 50. Something's very wrong.



To: flatsville who wrote (53334)1/3/2001 2:07:01 PM
From: robnhood  Respond to of 436258
 
Hey guys,, If I remember correctly, the spooos were down 40 yesterday.