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To: KeepItSimple who wrote (50680)4/15/1999 7:11:00 PM
From: 16yearcycle  Respond to of 164684
 
Ok, but will you promise that due to embarrassment you won't post for a week if the big nets don't drop even 3% tomorrow? After all, you said they would drop about 10x that.



To: KeepItSimple who wrote (50680)4/15/1999 7:47:00 PM
From: Greater Fool  Read Replies (1) | Respond to of 164684
 
Tomorrow is D-Day for the nets

I'm not sure how you conclude from volatility, record volume, whipsaws, and reversals that tomorrow is D-Day. If anything, I think people would conclude that the recovery is evidence of the invincibility of the nets.

The "day trading masses" don't give a damn about what a 60-year-old market writer thinks.



To: KeepItSimple who wrote (50680)4/15/1999 8:27:00 PM
From: GST  Respond to of 164684
 
KIS -- My thinking these past couple of weeks is that the nets would hold up ok while the 'tech sucks' theme gutted the 'traditional leaders' like Dell, INTC and MSFT -- followed a few days or even a couple of weeks later by the nets as it became more obvious just how far out of sync they have become with both reality and the rest of the market. Why should the nets break first? Why not a brutal drop first in, say, MSFT?



To: KeepItSimple who wrote (50680)4/16/1999 12:46:00 AM
From: Olu Emuleomo  Respond to of 164684
 
KIS,

Are you long/short any stocks or are you just a commentator?
If you are long, what are you long?
If you are short, what are you short?

--Olu E.