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To: Kevin Podsiadlik who wrote (114571)	1/6/2001 2:06:39 AM
From: craig crawford	Respond to of 164684

>> All right, you want to play with numbers? Try this one then. Back out the 30-minute panic reaction to the unprecedented mid-session 50-point rate cut, and you're looking at a Nasdaq that has lost 400 points in the last five trading sessions, roughly 15% << That is absolutely ridiculous. That rally, no matter how short and how swift, was founded on concrete fundamental news. You can't just take away news that is bullish, and leave in all the bad news. Everything that caused the market to sell off today wasn't even proven to be true (No warning from CSCO and BAC said no failure), so let's take todays session out of the picture. Then the market doesn't look quite so bad does it? Don't bother responding, I'm not going to continue playing such a one-sided game.