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To: marginmike who wrote (122114)9/15/2001 11:47:43 AM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
the reason you crash is precisely because "everyone" decides to sell at once...

nope, we're going down... the only question is where do the bounces occur

you think everyone is simply going to ignore the fact that GE has warned for the first time ever????

you think foreign mkts started crashing last week just for fun??? Friday was 2 days after unprcedented mvoes by the fed to prop this pig up... how did europe respond???? with NEW lows. the mkt has spoken....



To: marginmike who wrote (122114)9/15/2001 11:50:40 AM
From: Les H  Read Replies (1) | Respond to of 436258
 
Washington's blunders may have unwittingly aided terrorism

asiaweek.com

Repos and rate cuts won't work in the intermediate-term as businesses are starting to rationalize or downsize their staffing, inventories, and borrowing. A lot of the companies have been heavily borrowing in the corp bond market, especially the convertibles. It's not like we don't have enought debt. Unfortunately, for the market, the recession is still yet to come.


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