Stocks up, so sorry to spoil yer day

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At 1:19 EST--DJ Index +40. Naaa naaa naaa naaa naaa naaa.

-- (greaterfool@DJI.crashnot), October 14, 1999

Answers

Thank you for that update oh Irving Fisher...

"I expect to see the stock market a good deal higher than it is today within a few months."

Professor Irving Fisher
October 15, 1929

Have a nice day, and by the way, look at the big picture, daily fluctuations are irrelevant.
John

-- John Galt (jgaltfla@hotmail.com), October 14, 1999.

It's now over 100. Mainly I am tweaking Mr Spam who predicted that today would be "the" Crash Day. Hyope you didn't put your money where your mouth is, Spamo.

-- (greaterfool@DJI.crashnot), October 14, 1999.

INTRA-DAY volatility is very important. Extreme swings like what we are seeing today, if they continue and become more pronounced, would show a market that is very skittish and near a panic. But like I said before, its gotta do one thing the same way for several days before it really worries me.

Market cannot crash like the old days, they "fixed" that problem. Solid, big pointloss trend to the downside for more than a week would be a good indicator of a problem.

-- hamster (hamster@mycage.com), October 14, 1999.


HOld on there peanut gallery-----this just in----

2:20 minutes til Dow closes!!

Save your Crow eatin words til 4:00 pm edt.

Jeesh!!

-- D.B. (dciinc@aol.com), October 14, 1999.


I most fervently hope it does NOT crash....

However unlikely, it would be wonderful if we could pull off a "soft landing" from this current bubble.

I don't want anyone, "doomer" or "polly", to sustain a loss, get hurt, go hungry, endure cold, or any of the other things I suspect are facing us due to this issue.

The stock market will do what it will do. Computers don't care. I hope, if you have any, that your investments prosper mightily.

"A prudent man sees danger and prepares himself; the naive proceed...and pay the penalty."

-- mushroom (mushroom_bs_too_long@yahoo.com), October 14, 1999.



mushroom, I agree, absolutely. Hope it doesn't, but I would not bet my money on it.

-- Mara (MaraWayne@aol.com), October 14, 1999.

Nice post Mushroom. Well said. I almost feel sorry for all those who want folks to get hurt, it must be difficult for them.

-- the Virginian (1@1.com), October 14, 1999.

greaterfool,

I still need to unload a couple of long positions. Will you hold the bag for me?

To the rest,

I would be very suprised to see the Dow tank appreciably any further this week as this is options expiry week and the Big Players do not like to be cheated out of the profits Max-Pain will induce (OEX 685- 692?) at expiry. However the bond market no likey any of the data it has seen lately (cooked by Dept. of Labor or otherwise) nor does it much like the behavior of the Dollar abroad. Notice the bond rate up to 6.33 per-cent? Hmmm...? Blood in the Streets next week when the Trade Data comes out. Hold onto your butts. Stay long and be wrong!

-- a trader (dontemailme@nowhere.net), October 14, 1999.


Hey, what happened? I thought the market was going to crash today. I imagine that Eli-Lilly stocks would be a good buy now since the DOOMER prophecies are all in their minds and the demand for Prozac will outstrip the supply available. Please take your little pills and call me in the morning if you are still having these paranoid fantasies.

-- jbsmith (joebobsmith@yahoo.com), October 14, 1999.

That's got to be Dow Guy again. What an annoying little retard. He says absolutely nothing when the Dow loses over 400 points in 2 days, and then starts bragging when it goes up 40 points.

-- @ (@@@.@), October 14, 1999.


The stock market WILL crash sooner or later.....

"The fate of the world economy is now totally dependent on the growth of the U.S. economy, which is dependent on the stock market, whose growth is dependent on about 50 stocks, half of which have never reported any earnings..." Former Fed Chairman Paul Volcker, Friday, May 21, 1999

-- (1929@lloveragain.com), October 14, 1999.


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