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To: MythMan who wrote (371223)7/12/2008 1:17:35 PM
From: Real Man  Respond to of 436258
 
Nah, I don't mean Black Monday stuff, just a bad expiration
and a drop for SP to 1160 or so to make the bottom. They used
to be zero probability, but we had a few of those this past
year.

Let's see.

August 2007

November 2007

January 2008

March 2008

But even that is unknown.

<G>

Now, if we do get a bad expiration, and that bottom falls out
as well, that would be a crash. A Black Monday. That's very
rare.

<G>



To: MythMan who wrote (371223)7/12/2008 2:55:00 PM
From: LLCF  Respond to of 436258
 
LOL... OTOH, chalk another one up to Heinz... Phat Phannie, bubbles major bagholder bitting the dust.

One of the most profound observations back then (what 5 or so years ago?)...: "the biggest business in America is creating money". LOL, thanks again Heinz...

Sadly as it pans out it won't be "LOL"... OTOH, it's the "cheerleaders" and book writers back then that will be clammering the loudest about how they know everything and what caused what and what to do about it... the more silent thoughtful observers like Heinz will probably continue to be that. :))

DAK



To: MythMan who wrote (371223)7/13/2008 4:02:17 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Da bottom of 800-900 for spoos in a week is a BM, u for got.
Dat kind of buying opportunity is not coming. <G>