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To: JRI who wrote (14110)9/20/2001 7:02:51 PM
From: UnBelievable  Read Replies (1) | Respond to of 209892
 
The Fact That We Are As Low As We Are And There Is No Serious Panic or Capitulation

Says a bottom is real far away.

During the last hour before the closing 30 minutes they kept the Spoo's cycling up and down between 992 and 998 while all the traders waited for the last 20 minutes to see where they were going to put it.

When everyone wants out they won't be able to hold it up like that.

I think the problem right now is there are no buyers. The real problem arises when sellers how up.

People are not putting new money in but neither do they think that the money already in, can loose much more value so why should they take it out. (As they would say on the mother thread Ho! Ho! Ho!

The bottom will not be in until people realize is isn't. <gg> And regardless of what CNBS say capitulation is a lot like an orgasm - if you have to ask whether it happened or not, it didn't



To: JRI who wrote (14110)9/20/2001 9:09:53 PM
From: oldirtybastard  Read Replies (1) | Respond to of 209892
 
wouldn't you say the future economically looks much bleaker than it did in '98, though most of j2pack land are loathe to admit it to themselves since it would require they sell their stocks?



To: JRI who wrote (14110)9/20/2001 9:19:13 PM
From: John Madarasz  Respond to of 209892
 
couldn't even begin to tell ya... and I'm not even going to try to play it either.

one thing is certain, I'll make some nice coin on the job tomorrow, doing what I love, so I've nary a worry<g>

gotta go watch shrubs,

later