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To: captain_midnite who wrote (63832)1/6/2001 11:22:36 PM
From: Zeev Hed  Read Replies (1) | Respond to of 93625
 
Actually, from a technical point of view, if we break 29.25, then we could retrace all the way to, hold your seat, $15. I hope we hold $33.25 (a test of the last bottom), but if we do not, (am not stubborn and have developed a strange aversion to "standing in front of freight trains...."

Zeev



To: captain_midnite who wrote (63832)1/7/2001 12:59:59 PM
From: Estephen  Respond to of 93625
 
Monday, January 8, 2001 -Warnings, Economic News
Send Stocks Into Tailspin

Investor's Business Daily

The market’s tug of war between
the Fed’s rate cuts and the
economy took a turn for the worse
Friday...............................................
Financial stocks, which showed
some leadership earlier in the week,
slumped Friday. Rumors swirled that
Bank of America has suffered
serious derivative trading losses.
The bank and analysts strongly
denied there were any problems.
Bank of America fell 3 3/4 to 47 3/4
in twice its normal volume.

California’s power crisis also
weighed on banks. Many large
institutions could be left holding the
bag if the deregulation fiasco forces
utilities into bankruptcy protection.

The NYSE financial index retreated
2.3%. It’s not a good sign when the
market’s emerging leadership gets
whacked three days into an
attempted rally.
investors.com