OK, I'll give all of those "people" who were quick to "stick a fork in the Dow", to borrow a phrase from our famous pig farmer, to explain its recent action. What gives? Is this a crash or what?

-- You Knowwho (debunk@doomeridiots.com), October 20, 1999

Answers

It's instability, which is not good, whether it's up today or down. Wild gyrations are not comforting. Propping things up does not make them inherently stable. Just wait, and watch trends while you're waiting.

-- (dot@dot.dot), October 20, 1999.

Hey, the doomidiots are kinda like those dancing flowers at the toy store, you know the ones that move whenever they hear music or loud noise?

The y2kooks are programmed to respond only to the negative news tho'...they say squat when the news is good.

But of course they will all be on their knees at their bedsides tonight praying "Oh God please let something go wrong soon so I don't look so pathetic and foolish! PLEASE!"

heh! freaking UNREAL, these zombies! mucho amusemento.

Yeah, all markets are up today (again) but the wise all knowing turd fondlers were just convinced that monday was IT!

Oh, maybe NEXT monday ("Please oh please oh PLEASE!" chant the doom zombies)

LOL

-- Moron Thumper (thumping@moronic.melon-heads), October 20, 1999.

Yo Youknow,

If you're going to be a smartass prick, at least compose an intelligible sentence. Guide us, oh great one with your infinite wisdom. Go ahead and put ALL your money into these stocks, they never will go down again. The market will never crash. You will be able to get rich beyond your wildest dreams! No one will ever have to work again, they can just sit at home and day trade!

Moron.

I'll keep this one in the old temporary file and trot it out in December. We'll see if you're so smart then.

-- ariZONEa (debunk@this.punk), October 20, 1999.

It is an interesting ride, some feel that there will be one more big blow-off before the big ride down. Most noted has been George Ure:

http://www.urbansurvival.com/week.htm

Although George is getting whipsawed here too, last week he was calling it UP (it went down) this week he called it down (it is currently up). The point being nobody can call this mess. If the Dow does crash, it will not be a good thing. If we do have a depression it will not be a good thing. Although I worry about these things, and make plans if they might occur, it is time to make hay while the sun shines...so to speak.

Things will get worse before they get better.....

-- Helium (Heliumavid@yahoo.com), October 20, 1999.

You Knowwho, dot, and Moron Thumper,

You know what else is funny? It's really funny that we didn't see you guys at all last week when the market was crashing (had ya scared, eh?), and now you cockroaches come crawling out of the woodwork evertime it goes up 100 points or so.

Bwwaahhhh hhaaaaaa hhaaaa haaaa haaa!!!

What's UP wit dat, huh???

Guess you guys just don't have any balls!!!

-- @ (@@@.@), October 20, 1999.

DOW +187.43 10392.36 1.84%
NASDAQ +99.95 2788.13 3.72%
S&P 500 +28.11 1289.43 2.23%
BOND 7/32 97 3/16 6.33%
Wednesday's market close

-- Ashton & Leska in Cascadia (allaha@earthlink.net), October 20, 1999.

Thanks A&L - you've saved me a surf.

Moron thumper, your lines about "dancing flowers" ans "wise all- knowing turd fondlers" are pretty funny. But anyhow, just wait and see.

-- number six (iam_not_a_number@hotmail.com), October 20, 1999.

Ummm...@@@@ man, if you go back you will see that I did post on the Dow is crashing threads. Try to do some research before you make yourself look like a complete dimwit. You Doomlits make this too easy...

-- You Knowwho (debunk@doomeridiots.com), October 20, 1999.

@(@@@.@) -

Please reread my post, and please don't put me in the same category as You Knowwho, and Moron Thumper. Thank you.

-- (dot@dot.dot), October 20, 1999.

Moron Thumper a/k/a thumping@moronic.melon-heads

"But of course they will all be on their knees at their bedsides tonight praying "Oh God please let something go wrong soon so I don't look so pathetic and foolish! PLEASE!"

heh! freaking UNREAL, these zombies! mucho amusemento."

Who's the moron? Anyone who thinks others are hoping for catastrophe so they can be "right" must be someone who would hope for failure so THEY can be right... (look in the mirror)

GIVE ME A BREAK!!

-- booann (cantsay@lovemyjob.edu), October 20, 1999.

Hey, Y2Kook is copywrited!

Y2Kook

-- Y2Kook (Y2Kook@usa.net), October 20, 1999.

The market is impossible to predict on a day to day basis, especially with the PPT throwing the taxpayers money at it. They won't have enough money to throw at it when the sheeple run for the door.

Many thought that it would be this week, but it will happen. Even if not for Y2K, it is overdue.

So de-skunk, jump right in, the waters fine. When the all clear comes out to swim again, look out for the sharks.

TPTB have more to lose when the house of cards starts to fall. They will not roll over without a fight, and will throw as much of our tax dollars as it takes to keep all the plates spinning. When they fall, they will shatter, as will the retirement plans of those foolish enough to gamble their retirement money in the market/casino. Just remember, in the casino, the players eventually lose. The stubborn ones who chase their money, lose everything.

When you least expect it, expect it.

-- You don't know squat (bill@tinfoil.com), October 20, 1999.

dot,

Very sorry about that, my apologies. I know there is no form of life lower than a polly, and didn't mean to put you in their group. It is clear that you are far more sensible.

-- @ (@@@.@), October 20, 1999.

Today was a "bounce" in the major indices. Many market pros still do not like the current fundamentals at all.

TheS treet.com: Midday Musings

...The upside is a nice remedy for those worrisome falls last week, but some market watchers say this short-term amity is merely masking, not erasing, some viable underlying concerns.

Brian Belski, chief investment strategist at George K. Baum in Kansas City, called the recent comeback a "too much, too fast emotional rally." Belski described the recently manic market moves as a "classic tug-of-war between the buy on the dip [investors] and the fundamental underpinnings that were bringing the market to a corrective state."

Indeed, as much as most people would like to dismiss last Friday's Producer Price Index report, it still lends weight to the idea that the Fed will raise rates when it meets again in November, which tends to put a damper on earnings news, however cheery they may be.

Belski points out that market internals are turning "sloppy" again and notes that the bond market is not cooperating with stocks as a selloff continues to test last week's high yields. The benchmark 30-year Treasury bond was lately unchanged, its yield at 6.35%.

As for internals, advancers and decliners were slugging it out on the New York Stock Exchange with 1,341 issues on the rise and 1,451 heading south on 482 million shares. On the Nasdaq Stock Market leaders were beating laggards 1,901 to 1,575 on 568 million shares. New lows were trouncing new highs 228 to 12, on the Big Board, while on the Nasdaq, new lows were 89 to 49 new highs...

Let's see: the Dow goes up 180+, Nasdaq almost 100, and yet market breadth was still lousy. This "rising tide" barely raised any boats at all. Still a downward trend with the odd "bounce", and nowhere near enough overall negativity to mark the end of the bear.

When breadth turns positive for a week or so, let me know.

-- Mac (sneak@lurk.hid), October 20, 1999.

If you want to get an idea how powerfull "they" are, just continue to watch "them" manipulate this market. "They" are very powerful, just take a look at the spin "they" have put on Y2K.

-- thinkIcan (thinkIcan@make.it), October 20, 1999.

You know, I stayed up Sunday night and a lot of Monday morning watching the Asian market dump while waiting for Wall Street to open and I would have bet the farm that this was the beginning of the end. I think I finally understand the size, power and interconnectedness of Wall Street.

-- Zeda (rickster@n-jcenter.com), October 20, 1999.

After reading this forum for a while, I think a good investment would be in tifoil companies and tinfoil futures. If 10% of the US population is half as goofy as the nuts on this board, then tinfoil is a sure winner!

-- . (.@...), October 20, 1999.

***

How silly you DeBunkIEs sound. Just read your own copy.

***

By the way, pig farmers don't starve to death.

I know you don't realize it, but that ham you buy in the store comes from pigs.

Is there something wrong with being involved in agriculture and animal husbandry?

I'll answer that for you, no.

If you eat, you are involved in agriculture.

Most of the founders of our country were farmers.

What's your problem, inferiority complex, depression, anger?

Or are you simply an idiot savant?

I hope you have some saleable skills, because next year will be rough.

Somebody might let you sing for your supper next year, if your lucky.

***

-- no talking please (breadlines@soupkitchen.gov), October 20, 1999.

It must be getting ugly out there. I wonder how much money Poole has at risk from his Burger King (is that to go or to eat here) paycheck? Must be a lot if he's *here* strumming his lips.

-- Ron Schwarz (rs@clubvb.com.delete.this), October 20, 1999.

okay nowwadeaminute.

First you say that the evil PTB are stopping the market from crashing, but now the market is going to crash anyway??? huh?

Why will it crash? If "they" are stopping it from coming apart now, why not hope for them to continue into 2000, thereby averting a potential public sell-off for no reason?

-- Get your (storystr@ight.sheesh!), October 20, 1999.

OK, let's try it again. When everyone runs for the door, they won't be able to prop the market up. Not everyone is at that point yet.

Of course, with IBM announcing their Y2K fears today after the close, and dropping 7 points in after hours trading, we may be getting closer to that point.

It's kinda like making your preps. Right now you can still find everything without many backlogs, but when the sheeple start to prepare on mass, forget about it. You'll be lucky to get a roll of TP.

-- straight story (bill@tinfoil.com), October 20, 1999.

Hey, now that's the true definition of HUMILITY I've just seen-- a MORON who actually posts under his real identity.

This Belski guy gets paid about 5-10X what I make, I bet, and he just said EXACTLY what I posted here last night on TWO threads... IT'S THE PPI, STUPID!(Sorry, "IT'S THE PPI, MORON!")

We are now almost exactly 1000 points DOWN in the DJIA from the high, and the starry-eyed shitheads are crawling out from the rotten wood just because we've had a fake-out rally.

One site clearly shows the present levels to be the RESISTANCE levels, which verifies that this is a BEAR market, NOT a correction. The technicals stink again;MSFT provided a ridiculous bias to the Nasdaq numbers. www.decisionpoint.com/DailyCharts

That site will tell you an awful lot. NOTE today the DJTA. Since when does that dropping by almost the same % as the DOW rising bullish?

It is possible that the PPT will try to avert a crash until after the New Year, as some here have said, just so it can be blamed on Y2K. But, with BIG BLUE(IBM) singing the blues big-time, how can ALL others NOT be in the same boat? So, we will see at least a sloping fall in this market into the end of the year.

-- profit of doom (doom@helltopay.ca), October 20, 1999.

IBM and AOL down in after hours trading. IBM saying fourth quarter earnings will be slow due to y2k.

Futures down- link

-- Mike Lang (webflier@erols.com), October 20, 1999.

Way to go You know who. The doomers hide under their rocks when the market goes down. Its people like us that say"not so fast my doomer friends", this thing is still going to set new records. I have said this all along and I am still saying that now. If I have to pick between the doomers and J. Battipaglia, Abbey Joseph Cohen and others, I will pick the experts. They saw the bull at 3000 when the doomers thought it should be crashing. These doomers refer to the majority of the people as sheeple. I disagree with that. The opposit can be said. Its the weak ones fleeing from the herd that are picked off by the predators. Think about it.

-- jq public (jqpublic@usa.com), October 20, 1999.

Is IBM going to torpedo the bubble on Thursday?

-- Randolph (dinosaur@williams-net.com), October 20, 1999.

jq Public,

Interesting comment. Will those leaving the herd be picked off? The sheeple might get sheared but the wool always grows back.

The tech stocks will falter tomorrow but will rebound. The market will continue it's rise.

-- (Where'sthe@beef.com), October 20, 1999.

jq -

I'll see your Joseph "I Love The Camera" Battipaglia and Abby Joseph "He Does, Really!" Cohen and raise you a Yardeni (for the past 18 months!), Milton, and Niles (see below):

Link

NEW YORK, Oct 20 (Reuters) - Technology bellwether International Business Machines Corp. on Wednesday posted third-quarter earnings of 93 cents per share that beat the average Wall Street estimate of 90 cents per share, according to research firm First Call/Thomson Financial:

Revenues were expected to be $21.7 billion, according to First Call/Thomson. IBM reported sales of $21.2 billion.

The following are analysts comments:

BILL MILTON, COMPUTER ANALYST AT BROWN BROTHERS HARRIMAN & CO.

``We're going to get some rough sledding here with revenues being lighter than expected and the Y2K problem hurting the fourth quarter.''

``It seems like they're talking down the fourth quarter.''

DAN NILES, ANALYST WITH BANC BOSTON ROBERTSON STEPHENS

``This is even uglier than I expected. This is not IBM specific, it's an industrywide problem and they're finally admitting that they have issues. We're going to have to take our numbers down. This is what we were looking for.''

``I thought they would squeak through on the third quarter.''

``They said they're blowing the fourth quarter even worse than I had expected.''

Fundamentals stink right now; this bear hasn't found a bottom yet.

-- Mac (sneak@lurk.hid), October 21, 1999.

Hmmm... the IBM torpedo did some damage today.

The PPT did some fast repairs, but the DOW Titanic is still leaking...

-- Randolph (dinosaur@williams-net.com), October 21, 1999.

DOW -100.37 10369.88 -0.96%
NASDAQ -5.15 2811.37 -0.18%
S&P 500 -10.15 1291.50 -0.78%
BOND -19/32 96 13/32 6.39%
last updated at 10/25/1999 10:42 a

-- Ashton & Leska in Cascadia (allaha@earthlink.net), October 25, 1999.

Dow - -25.64
Nasdaq - -4.62
CBOE gold index - -2.43
S&P 500 - -8.86
NYSE - -6.07

-- Ashtoned & Lessfilling (giveme@break.!!!), October 26, 1999.

Morning don't matter. Midday don't matter. Close-of-business is all that counts.

And internals continue to suck bilge water...

Dow, Nasdaq Close Lower After Late Tumble

10/26/99 4:58 PM ET

"Are you gonna go my way?" Lenny Kravitz wasn't the only one asking that question today. Dow Jones Industrial Average watchers and Nasdaq Composite Index disciples bit their fingernails as markets sank in the final hour. The Nasdaq, up more than 40 at one point, weakened as the day dragged on. In the final minutes of trading, it dipped into the red and stayed there. A reminder: It's not what you do during the day -- it's where you finish.

The Dow flipped a few times in the last hour before settling in with a loss of 47.80 at 10,302.13. Earlier in the day, the average traded as high as 10,408, almost 60 above the open.

TheStreet.com Internet Sector index never truly got its act in gear and, despite a small rise earlier in the day, ended down 8.8 to 723.1. Small-caps on the Russell 2000 hit a peak at 10 a.m. EDT and then fell the rest of the day, ending down 1.97 at 415.79.

Come Monday, the Dow will have some new faces. Intel (INTC:Nasdaq), Microsoft (MSFT:Nasdaq), Home Depot (HD:NYSE) and SBC Communications (SBC:NYSE) will be included in the DJIA. No, you aren't crazy. That's right, Nasdaq issues will join the average for the first time ever.

To make room, Chevron (CHV:NYSE), Goodyear (GT:NYSE), Sears (S:NYSE) and Union Carbide (UK:NYSE) go bye-bye.

Market Internals

The civil war has been settled. Decliners edged out advancers on the Nasdaq, while the Big Board went from close call to lost cause.

New York Stock Exchange: 1,158 advancers, 1,874 decliners, 872 million shares. 37 new 52-week highs, 301 new lows.

Nasdaq Stock Market: 1,896 advancers, 2,056 decliners, 1.055 billion shares. 98 new highs, 152 new lows...

-- Mac (sneak@lurk.hid), October 26, 1999.

oh oh, looks like the market is once again looking to close on an upswing!

I am glad as hell I didn't listen to the pessimists who were saying "get out, GET OUT NOW!" last year. I would be about 75K (NET!) poorer right now.

-- Learn (them@rket.beforeyoudoanyinvesting), October 27, 1999.

Bears taking profits and some coverage ahead of tomorrow morning's Employment Cost Index and initial third-quarter gross domestic product figures. ECI is reportedly one of Mr. Greenspan's fave indicators. It was 0.4% in 1Q and 1.1% in 2Q; anything over 0.9% is bad news on inflation for the markets.

The FedWatch continues, just the way Mr. Greenspan wants...

-- Mac (sneak@lurk.hid), October 27, 1999.

oh oh, whats this? the market closing up once again?

Get thru tommorow and watch the DOW soar monday with the weeding out of the old, dead wood.

-- Keep'emGuessing (keepitsecret@yep.keepitsecret), October 28, 1999.

Dow - 10,622 (+227.64)
NASDAQ - 2875 (+72.70)
S&P 500- 1342 (+45.73)
NYSE - 618 (+20)
CBOE gold index - 50.10 (-.16)

-- Dow Man (Up@nd.up.and.up), October 28, 1999.

Dow - 10,639
NASDAQ - 3055*
S&P 500- 1362
NYSE - 624
CBOE gold index - 47.56

* - New record high, fifth straight day

-- Dow Man (up@nd.up.and.up), November 04, 1999.

Lets see... God almighty Greenspan will speak on November 16, so the knees will start shakin sometime next week. The herd will be thinkin..hmmm, wonder what will happen if he raises the rate again? There isn't much holdin up this bubble, jeeez, better sell some to be safe. Everybody will start to see once again that there isn't much real confidence in the market, only confidence that more idiots will be persuaded to buy. But when they start selling again..uh-oh.

Good chance of another black Friday on November 12.

-- Hawk (flyin@high.again), November 04, 1999.

It's becoming all to clear now -

DOW down = Y2K DOW up = manipulation and lies Gold up = Y2K Gold down = manipulation and lies

Beginning to see a pattern here.....

Deano

-- Deano (deano@luvthebeach.com), November 05, 1999.

Dow - 10,704
NASDAQ - 3102*
S&P 500- 1370
NYSE - 627
CBOE gold index - 46.41

* - New record high, sixth straight day

Don't be so obtuse, Michael Erskine AKA (...@......)

-- NOT Dow Man (still It Goes@up.and.up.and.up), November 07, 1999.

Dow - 10,718
NASDAQ - 3145*
S&P 500- 1375
NYSE - 630
CBOE gold index - 46.57 (up .16)

* - New record high, seventh straight day

-- Market Analyst (watching@this.soar), November 08, 1999.

Dow - 10,598
NASDAQ - 3156*
S&P 500- 1373
NYSE - 629
CBOE gold index - 51.53

* - New Record High

-- Dow Man (up@nd.upandup), November 10, 1999.

Dow - 11,039
NASDAQ - 3452
S&P 500- 1408
NYSE - 637
CBOE gold index - 45.40

-- watching (this@with.interest), December 02, 1999.

It is fascinating, watching the bubble expand, isn't it? One hopes to far enough back from it so as to not get too badly splattered when it bursts.

This is not, repeat NOT, a rerun of any of the previous speculative bubbles. No, no, this is The New Economy (TM) and "it's different this time."

-- Mac (sneak@lurk.hid), December 02, 1999.

Dow - 11,225
NASDAQ - 3622
S&P 500- 1413
NYSE - 632
CBOE gold index - 44.04

-- dow guy (watching@ll.with fascination), December 15, 1999.

Dow - 11,200
NASDAQ - 3911*
S&P 500- 1433
NYSE - 632
CBOE gold index - 45.23

* - New record high, 55th this year

-- Market Analyst (still@watching.this), December 21, 1999.

Dow - 11,405*
NASDAQ - 3969*
S&P 500 - 1458
NYSE - 644
CBOE gold index - 44.35

* - New record high

-- THE market (watch@the.dow), December 24, 1999.

Look Dow Guy, the DOW is barely above the point where it was 8 months ago, so that doesn't really impress me since I can make a hell of a lot more money investing in anything else.

The NASDAQ is being inflated by the FEDS and is going to crash bigtime when all the big players collect their profits first thing in January.

It works real slick for insiders like you to go around trying to hype the suckers into blowing their wad in the markets, because you've got connections to be one of the first to dump when you see the plays being called. I for one am not fooled, but if you're going to keep trying to bullshit us why don't you at least start a new thread.

-- Hawk (flyin@high.again), December 24, 1999.

Dow - 11,452
NASDAQ - 4036
S&P 500 - 1464
NYSE - 647
CBOE gold index - 45.09

(you don't seem to understand, Hawk...I am just keeping a running tally here, no comments, no "spin". If you look back up the list it makes interesting reading, don't you think? Especially because so many self-proclaimed experts have been telling us for years now how we better 'get out of the market RIGHT NOW!'...how many people do you think have lost potential income because of this advice?)

-- D G (up@up.and away!), December 30, 1999.

DOW - 11,522
Nasdaq - 3882
S&P500 - 1441
CBOE - 44.47

-- what (happened@2.thecrash?), January 07, 2000.