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To: sinkspur;bvw;Tauzero;robnoel;kezekiel;ChadGore;Harley - Mississippi;Dukie;Matchett-PI;Moonman62...
Cisco’s report indicated a small 2% increase in revenues..

And on this good news the market shoots to the moon? What is everyone smoking? This is like getting excited about the Tampa Bay Devil Rays winning the World Series because they brought up a new middle relief picher from AA ball...

2 posted on 05/08/2002 3:49:39 PM PDT by rohry
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To: rohry
This is what rallies in a bear look like. Opposite of drops in a bull. The same saw tooths -- only the blade is reversed.
3 posted on 05/08/2002 3:57:26 PM PDT by bvw
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To: rohry
And on this good news the market shoots to the moon? What is everyone smoking? This is like getting excited about the Tampa Bay Devil Rays winning the World Series because they brought up a new middle relief picher from AA ball...

Hopefully, this isn't equivalent to the old oak tree raining acorns before it dies. It will be interesting to see what kind of support exsists Thursday.

5 posted on 05/08/2002 4:09:18 PM PDT by EVO X
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To: rohry

Note that 80% of trading volume occurred in the first 15 minutes of the market.


9 posted on 05/08/2002 4:35:12 PM PDT by razorback-bert
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To: rohry; headsonpikes; razorback-bert
It appeared that a switch was thrown to get everyone in the pool. Recall the FOMC January meeting comments about the possibility of using "extraordinary measures" to jump start the US economy if interest rate reductions proved ineffective. A comment on another site suggests that such may have been the case today, given the massive reversal. Might narrow breadth correlate with such extraordinary measures.
13 posted on 05/08/2002 5:02:14 PM PDT by Dukie
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