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To: Lucretius who wrote (117583)8/19/2001 10:44:54 PM
From: Bull RidaH  Read Replies (3) | Respond to of 436258
 
Brokers I talk to are rabbidly bullish right now... to the point of borrowing money from friends and family to buy more "blue-chip" tech after losing every dime to their name in the last 9 months. And it's still not good enough to be 100% invested... They're going FULLY out on margin with the borrowed funds. The firm has brain-washed them completely, and they still bullieve every word the firm's strategist say, even after being wrong 16 months straight.

CFZ is a miniscule island of rationality surrounded by a vast ocean FULL of ships going under. -g-



To: Lucretius who wrote (117583)8/19/2001 11:02:31 PM
From: Les H  Read Replies (2) | Respond to of 436258
 
The TRIN is being inflated by the positive breadth on the NYSE. The advance/decline ratio is 1.05, while the up/down volume ratio is only .71. Recent intermediate-term lows have seen the u/d ratio well south of .5, and the a/d ratio approaching .5 as well.