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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (77053)10/9/2002 9:29:08 PM
From: westpacific  Read Replies (1) | Respond to of 208838
 
SO MANY CHARTS - ready to break down. Mc O so oversold it boogles ones mind. Weekend is close, this market is going to rally or go down like the Titanic.

If it does go down, liquidity may dry up and make selling long positions very, very difficult. I saw a little of that in the last 1/2 hour of the market today!!!!!

Stand aside is what I say, and who cares if you miss the trend - when it first turns!!!

The technicals are the worst I have seen here.



To: westpacific who wrote (77053)10/9/2002 9:48:08 PM
From: Smart_Money  Respond to of 208838
 
RBAK has 1/2 Billion debt with 17 million revenue. Not a chance to survive.



To: westpacific who wrote (77053)10/9/2002 9:51:59 PM
From: TWICK  Read Replies (1) | Respond to of 208838
 
Think of how many of the bubble darlings are now trading below $1.00. Should all of them be delisted ? How many are worth taking over ? How many actually offer anything attractive to potential buyers ? I was a young pup back in the early eighties, but I remember a similar situation where tons of companies went under or were gobbled up. It's going to happen again, and again, and again.

Big fish eats small fish. Sick small fish dies. My advice is to avoid small sick fish.

Twick