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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (11870)	6/3/2002 5:49:02 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 57684

and as if things weren't bad enough.... NEW YORK (Reuters) - Knight Trading Group Inc. (NasdaqNM:NITE - News), a key U.S. share dealer, said on Monday its stock price fell more than 50 percent in before-the-bell trading as a software glitch triggered an accidental wave of selling in its own shares. biz.yahoo.com

To: Lizzie Tudor who wrote (11870)	6/3/2002 10:37:54 PM
From: schrodingers_cat	Respond to of 57684

>...it looks like the overall mkt will break the sept lows to me. Well, I think that a retest of the lows is likely, but I wouldn't be so pessimistic as to say that the lows are likely to be broken. After all, the economic numbers are coming in quite strong. It takes a little time, but a strong economy is going to make everything look a lot better after a while...except maybe in telecom. The worst that I can see is that the Nas might be doomed to move in a trading range for several years, with PE going down as earnings improve.