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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (21782)7/17/1998 9:28:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
LG : are u sure you didn't have some smoke in your eyes,
seems maybe you missed the message, <G>

When asked were all the money went from 12,000 to 4,400 they just
shrugged their shoulders and said "well to them few that sold".
Prior to the sell off the Market was worth 60 trillion dollars,
after the sell off it was only worth 22 trillion, yet less than
5 billion dollars had traded that morning before the melt down.

They explained it's just the way a market does if there is a fast run on it, don't worry it will go back up, but now people were really scared ...then the dream was over and I didn't find out what happened Tuesday.

It shows were most of the money went in 1929 too..( it just vanishes ..as it's not really there to start
with ) The Market is a ponzi scam, any big run on it with
no buyers and whamo it turns into vapor.
there is an
"absolute need" for buyers. If buyers run out..then the
market drops of it's own weight.
Jim