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To: UnBelievable who wrote (122986)9/17/2001 5:45:19 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<Fed is not only printing but now directly intervening in the markets.>>

Indeed, with results comparable to the Japanese experience at this point in their bubble implosion.



To: UnBelievable who wrote (122986)9/17/2001 9:34:33 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
well, since we've seen unprecedented liquidity additions over this past week, plus a co-ordinated global mega rate cut today, plus the waiving of buy-back rules and the unflinching 'individual investor' stubbornly holding on to his rapidly deflating paper claims (in the name of patriotism, no less) it is rather telling that the market didn't even manage a limp bounce today isn't it?
the nonchalance with which the decline was greeted today (some of the commentary on TV today was pure, unadulterated inanity...the WS experts outdid themselves) is actually SCARY.

an investor led to this point by his mufu/broker advisor loaded to the gills in former tech titans should perhaps ask now: "is it STILL too late to sell?"