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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: DRBES who wrote (51664)3/5/1999 6:40:00 AM
From: wily  Respond to of 1573222
 
Cramer per 2:32PM:

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What you are seeing on your screen this afternoon is exactly the same process I detailed earlier today: rumors being spread that there will be more tech preannouncements at the end of the day. I will not traffic in the rumors other than to say that if it has a keyboard and it's not a piano, I have heard a bad rumor about it.

That's Cramer's take on the dive. The SOX was probably the most pronounced of the indexes, and recovered the least. I would guess that the sharpness of the break was the result of futures-induced program trading.

wily