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To: Olu Emuleomo who wrote (131068)9/9/2001 5:39:39 PM
From: 10K a day  Respond to of 164684
 
>>>If we do break the Apr lows then what is the likely downside on the S+P and Nasdaq? >>>

the nasdaq is like a bunch of Dead Rotting Whales Washed up on shore....



To: Olu Emuleomo who wrote (131068)9/10/2001 10:54:04 AM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
first stop is 900 on the s&p. eventually the dow is going to be half what it is now and the nasdaq and s&p will be in the triple digits.

but i think we could rally today or tomorrow. the vix is way overdone spiking to over 37 this morning. i see lehman just cut his price target and estimates on the s&p. more negativity.

say gst? NOW is not the time to press your bets on the short-side too much. not a week or
two ago ;-)


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