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To: Lucretius who wrote (108970)6/15/2001 11:40:30 AM
From: oldirtybastard  Read Replies (3) | Respond to of 436258
 
I'd be amazed if it did carry, but I've been amazed before.

Seems like even the dimwitted are starting to catch on to the 2nd half, 3rd half recovery bullsh*t or whatever. Numbers like that $19 Billion loss are surreal enough to wake up a few people and make them nervous about the game of chicken they're playing. Ameritraders have been buying the crap out of things every day, too easy, too easy to go clown long on calls right now imo. (that's why I've been buying calls, easy Al, easy money -g-)

And American Spirit already started whining yesterday, statistically speaking he should be eating a much bigger loss than he is so far for buying that fool dip, so more down is in order -g-/-ng-

Message 15947959



To: Lucretius who wrote (108970)6/15/2001 12:55:07 PM
From: LLCF  Read Replies (2) | Respond to of 436258
 
No wonder they're rallying:

<<TORONTO (Reuters) - Nortel Networks Inc. , in a tough warning to financial markets, announced plans to slash 10,000 jobs on Friday and predicted a huge $19.2 billion second-quarter loss as demand for its equipment that moves Internet traffic slows to a trickle.>>

Things are really bottoming :)

DAK



To: Lucretius who wrote (108970)6/15/2001 2:49:28 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 436258
 
this rally(what rally?)maybe upticks is being sld...But, IMO, current corrective wave 5 is almost over....yes, I will be looking for cheap calls beginning Monday...I have been following them for a few days now for my bearings....I'm usually a few days ahead of a move so I'm trying to relax.....I think I have a finger on the remaining downside....sentiment is now changing weekly....doom & despair and uppity euphoria only go so far both directions....I'm always off 1,2,3 days from irrational thinking...it drives me crazy...not crazed yet...talk to me Tue?

Yesterday...only 10pts off...
tenlights.com

JJ