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To: AllansAlias who wrote (12238)	9/6/2001 10:18:18 AM
From: marginmike	Respond to of 209892

now we tank VIX broke 30 ceiling, next stop 35-40 end a tradeable bottom. IMHO. NAPM weak service numbers and INTL should provide juice for selling. Monday should be it IMHO.

To: AllansAlias who wrote (12238)	9/6/2001 10:18:37 AM
From: JRI	Read Replies (1) \| Respond to of 209892

What a freakin' casino....as a short-term trader, I love this. Stepping back, and thinking about what's really right....how did we ever allow this markets to get this irrational, and this incredibly myoptic about what values really are....stocks go up/down 10% in a day? What a joke..

To: AllansAlias who wrote (12238)	9/6/2001 10:23:53 AM
From: JRI	Respond to of 209892

MSFT rally as a metaphor for the entire market....that huge move was shorts-covering, and opportunistic trades jumping on (and off quick)..sold as quick as bought The fact that there was no follow-thru there (and w/yesterday's short-covering surge) tells us how sick this thing really is.....there is simply no real buying here, and it is becoming CRYSTAL CLEAR......I s'pose there is still a little time left for a save, but the lack of follow-thru (having several occasions now to do so) has got to scare the crap out of longs here.. I am going to respect that 8 Billion pump (keep it in mind), but if we can't follow-thru today, the Fed is really out of bullets..