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To: paul aswad who wrote (3391)10/27/1997 4:32:00 PM
From: Staff  Read Replies (1) | Respond to of 4571
 
Hey Wad.. patience is a virtue and every dog has his day ..

This is fun :-)

So much for the... buy stocks and sit on them... DDIM undervalued at $35.00 .. great buy!! yeah ... sure... so is swamp land in Florida .... go gators :-)

hmmmmm
Should be a few margin call going out this afternoon to Joe public.
Get used to it wiz kids.. the heavy stuff has yet to hit the fan! :-)



To: paul aswad who wrote (3391)10/27/1997 9:58:00 PM
From: Staff  Read Replies (1) | Respond to of 4571
 
To Wad and all the old time bears here...

Golden moment on CNBC today was Kernan's description of Columbia HCA going down 40 something to 25 bucks a share. " It just goes to show you that in an efficient market a 6 billion-dollar company one-day can be.... Whatever... the next day". There goes 1 year plus gains down the drain in day!

Not too quick with the math Joe?

The one half-hour trading halt appeared to do didley to stop the decline. In fact I expect this method of controlling a crash is going to the scrap heap real quick.

Reminds me of the 1929 strategy to close the bank doors to slow down withdrawals ....brilliant!!
Especially since only one half hour elapsed between halts. Now nobody knows where The market stands for tomorrow.

We will have Globex trading tonight.

opps...Asian markets now open.. .. aaaaah... down another 11% right out of the box!

I do expect a big effort to get Globex up to at least fair value at about SPZ7 884 tonight.
There should be a media blitz as well to try and still the fears of "the little guy".

You know... don't panic.. stick and stay while I get out while I tell you to stay in!

I love it when uninformed investors are called sophisticated for being paralyzed. Stick
and stay.. hold on the those NASDAQ Y2K stocks and the like for the long haul..
Expect many examples on TV tonight. Alfred E Neuman would be proud.

Rubin almost lost his smile at 5:15 PM outside congress for his 30 second TV sound
bite. All he had to say was the same old bunk as always. His buddies must be short.

NOTE at 7:30 PM EST Globex is trading within an eyelash of the 15 point limit down.

Asian markets are down again. BIG .. over 12% now.

Sorry to all the bulls who stuck around beleiving how things were different in the 90's. Just mortgage the house... buy stock... and make an easy 20%/year risk free...
Yeah... and here's a swamp thats a good buy too!

Wad... one thing Blue shoe and Sondo just never figured out..

THE ONE THAT LAUGHS LAST.... LAUGHS BEST!