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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Thomas C (Hijacked) who wrote (1432)10/27/1997 7:38:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 5676
 
Marty Zweig joins the illustrious company of Elaine Garzarelli.



To: Thomas C (Hijacked) who wrote (1432)10/27/1997 8:06:00 PM
From: tekgk  Respond to of 5676
 
It always does, but with a few new twists.



To: Thomas C (Hijacked) who wrote (1432)10/27/1997 11:14:00 PM
From: Investor-ex!  Respond to of 5676
 
Thomas C,

Interesting day today. After analyzing the 1 minute data for several of the DOW stocks (and others), it appears that the trading halt today made the current sell-off accelerate once trading resumed. Looks like the critics of trading curbs were on to something.

Also, the entire options array for several stocks, including EGRP (E*Trade), PFE (Pfizer), and TRV (Travelers) has no bid or ask published! Has anyone else out there noticed this?

Regards



To: Thomas C (Hijacked) who wrote (1432)10/28/1997 8:08:00 AM
From: Cage Rattler  Read Replies (1) | Respond to of 5676
 
Tom:

Things seem to be falling into place.

Doesn't this quote from today's Investor's Business Daily remind you of 1929? -- President Clinton got updates on the stock market from Treasury Secretary Robert Rubin and remained confident about the country's strong economic fundamentals, his spokesman said. ''The president is confident the fundamentals of the American economy are strong. . . . That's what matters most,'' said spokesman Mike McCurry. He described yesterday's drop as ''a bare fraction of major breathtaking drops in the past.'' Yea, right.

Question -- What is your estimate, based upon your 1927 and 1987 correlation analyses, for the first counter-trend rally? Favors cautions in his analysis this morning, not to be surprised by a 200-point upswing. Your thoughts please.

The advance-decline ratio yesterday was amazing 2975:155 or 19:1. How about that?

Feels good to be with S&P Puts and Zeros!

Interesting times.

Ciao, Ted