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To: TREND1 who wrote (23104)10/27/1997 10:13:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Larry,

Do you think CNBC and CNN are overdoing the coverage of this correction(debacle?)? It reminds me of the OJ trials....they seemed to stir the emotions in everyone so that it was all that was watched and talked about.

This could stir up unneccesry fear(one of the dreaded market emotions) whereby investors panic into a selling frenzy.

How will MU be able to rally if this keeps up? <G>

BTW how did you like that 15 minute run up from 26 3/4 to 28. Had an opportunity to sell all longs and repurchase PUTS. MU just seems to have life in it when you least expect it.

Maybe we need someone like TK to make a strong buy on semis again to turn this baby around tomorrow.:)

Good Luck trading

DavidG

PS: went to that site, sheer Pandemonium



To: TREND1 who wrote (23104)10/27/1997 11:31:00 PM
From: MR. PANAMA (I am a PLAYER)  Read Replies (3) | Respond to of 53903
 
LD...I was wrapped in swathling clothes...hahahaha

Tokyo seems to be holding up (down only 4 %)....

Speculators are making this fall all the greater....
If they keep that up the Government could intervene and burn the speculators...The Canadian government did that a few years ago very successfully....

I wonder if they could force the speculators to cover all short trades within a short period of time...prob not in NAmerica....but in Asia could we rule that out ????????????....any experts out there to shed light...