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To: John Hayman who wrote (120996)6/26/2002 3:59:47 PM
From: cfoe  Respond to of 152472
 
OT - I heard an interesting comment by one of the guest commentators on CNBC (yes they do have people who say worthwhile things - sometimes).

His thoughts on waiting for the "big capitulation" is that what has been going on for these many months is more of an investor-by-investor capitulation. Individual investors just getting tired, scared, whatever and leaving the market.

So we may not see ( or this morning was all we will see) of a "capitulation." The question as the commentator put it was when are these people going to come back in?



To: John Hayman who wrote (120996)6/26/2002 5:17:48 PM
From: Wyätt Gwyön  Read Replies (3) | Respond to of 152472
 
i think the Fed is buying stocks to prop up the market at this point. it is truly pathetic and can only mean a much worse ending for the bubble. trash certainly rallied today.



To: John Hayman who wrote (120996)6/26/2002 6:31:48 PM
From: Art Bechhoefer  Respond to of 152472
 
I placed several buy orders on a day-only basis at specific prices. Got only one of my orders. I placed them too late in the day.

Art


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