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To: sea_biscuit who wrote (7490)10/28/1997 5:39:00 AM
From: shane forbes  Read Replies (1) | Respond to of 25814
 
Dipy today Tuesday will be a disaster - get a load of these
numbers:

bloomberg.com or
quote.yahoo.com (especially UK market)

It'll be an unmitigated rout. As in my previous post I think today we'll see an abbreviated trading day! I'd like to see how many orders go unfilled as a result of the short trading day.

I noted earlier that I would check to see if any of the semis are buying back shares - only announcement so far is from CY. In hindsight this is probably not an easy program since I have no idea which of the companies have ongoing share buy-back programs. Oh well. I guess we'll just have to wait and see in a few weeks whether the insiders were buying in this tumultous period.

See one tiny benefit to cutting the trading day short - potentially there will be no screwups with the trading infrastructure. A sliver of a silver lining I guess.

(kid you not - the CD is playing "Money's too tight to mention" by Simply Red as I write this... Someone's got a good sense of humor.)



To: sea_biscuit who wrote (7490)10/28/1997 2:10:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
Btw, I saw an interview with somebody on CNBC this morning, and when the interviewer mentioned Jimmy Rogers (aka Mr. Bow-tie), the guy being interviewed had a hard time concealing his laughter... :-)

Mr. Bow-tie is a big joker; I think presently his "advice" to people is to sell all stocks and invest the money in Sri Lankan black-pepper or some goddamn perpetual-motion machine project in Timbuctoo, or some such crazy thing! :-)

Dipy.