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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (53590)	1/3/2001 5:25:04 PM
From: yard_man	Read Replies (2) \| Respond to of 436258

I was looking for a special dip -- where everyone throws up their hands and runs for the toilet -- but I never found it <g> Everyone expects a replay of '98 ... we'll see. I don't think it can be done.

To: marginmike who wrote (53590)	1/3/2001 5:25:57 PM
From: Roads End	Read Replies (1) \| Respond to of 436258

Take a look at HB's chart before you throw it. Looks like a series of nine 1/2 point cuts to me and look what it wrought. services.elliottwave.com

To: marginmike who wrote (53590)	1/3/2001 5:34:10 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<If Markets rally and fed pumps we could have quite a whille till real BK. Should have bought the dip>> MM, the fed has been pumping heavily for weeks, while the market's been dropping. Have you been paying attention to the airdrops? Admittedly the money ends up somewhere (probably the real estate bubble and/or money heaven, IMO)...but there's NO WAY alot of folks who've been burned (if not broken) are gonna rush back in like the clowns of yore (ie, last February). We'll get a bounce like we did in June and August, then the fundamentals will drag the market down again. Earnings will suck for at least this Q and the next 2, and that will work it's "magic" on the market. In short, it certainly makes sense to play this for the clown bounce it is, but keep an eye on attractive poot/short candidates, 'cause it will soon be open season again...