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To: JRI who wrote (38402)5/8/2002 12:11:13 PM
From: AllansAlias  Respond to of 209892
 
There goes my 1256. LOL. Glad I ain't trying to short today.

Later...



To: JRI who wrote (38402)5/8/2002 12:13:19 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
One last thing...

Can folks who are not on QCharts or Quote.com verify that high ticks today. I have not seen a very high tick at all in tech and only a small exuberant tick in NYSE.



To: JRI who wrote (38402)5/8/2002 12:28:58 PM
From: Robin Plunder  Read Replies (1) | Respond to of 209892
 
John, probably the FED would go to great lengths to prevent major US bank failures. It is intersting, tho, that the derivatives issue is probably due to the existence of the FED, ie we need interest rate and currency derivatives in order to hedge against uncertainties created by a floating currency, fiat money. If the FED has difficulty managing this risk, it might lead to political changes in the structure of FED (gold standard?).

Robin



To: JRI who wrote (38402)5/8/2002 1:12:39 PM
From: Clappy  Read Replies (1) | Respond to of 209892
 
Joe Six Pack can't be revving this thing like it today.
Is the volume there for it to be the institutions or is it still mostly a short squeeze?

There's been no letting up.

How can CSCO's mediocre news have such an effect?

Even the friggin' dollar is rallying on the news of flat router sales? <vbg>

I came back from my walk too soon.
I better do another lap in reverse...
Maybe it will bring the markets back down a little.

<Clappy scratches his head...>

A hundred friggin' points on the dung...Nearly 300 on the Dow.
IBM making back the losses from MarginMike's short the otherday...

What a joke.

It certainly isn't as much fun when you are not part of a rally like this...

Where's my walking shoes?

-JohnnyWalkersStick